Our latest macroeconomic insights Global Markets Update Joint rally in euro & BTPs may not be over yet Over the past few months, the euro and the BTP-Bund spread have moved closely together, with the euro strengthening as the BTP-Bund spread narrowed and vice versa. We think that this pattern will... 24th July 2020 · 4 mins read Global Markets Update We expect the dollar to come under renewed pressure Although the US dollar has stabilised over the past month or so as fears about a second wave have held back the rebound in risky assets, we continue to think that it will lose further ground over the... 20th July 2020 · 3 mins read Asset Allocation Update How COVID-19 may affect US vs. European equities It may seem surprising that the MSCI USA Index has broadly kept up with the MSCI Europe Index in common-currency terms since 8th June, given the simultaneous surge in cases of COVID-19 in the US while... 20th July 2020 · 4 mins read Global Markets Update Valuations not a major threat to equity rally in our view We don’t think that the valuations of equities in general are particularly stretched. In any case, valuations are like pieces of elastic – they can stretch a lot before they snap. In our view... 17th July 2020 · 4 mins read Pagination Previous … Page 190 Page 191 Page 192 Page 193 Current page 194 Page 195 Page 196 Page 197 Page 198 … Next
Global Markets Update Joint rally in euro & BTPs may not be over yet Over the past few months, the euro and the BTP-Bund spread have moved closely together, with the euro strengthening as the BTP-Bund spread narrowed and vice versa. We think that this pattern will... 24th July 2020 · 4 mins read
Global Markets Update We expect the dollar to come under renewed pressure Although the US dollar has stabilised over the past month or so as fears about a second wave have held back the rebound in risky assets, we continue to think that it will lose further ground over the... 20th July 2020 · 3 mins read
Asset Allocation Update How COVID-19 may affect US vs. European equities It may seem surprising that the MSCI USA Index has broadly kept up with the MSCI Europe Index in common-currency terms since 8th June, given the simultaneous surge in cases of COVID-19 in the US while... 20th July 2020 · 4 mins read
Global Markets Update Valuations not a major threat to equity rally in our view We don’t think that the valuations of equities in general are particularly stretched. In any case, valuations are like pieces of elastic – they can stretch a lot before they snap. In our view... 17th July 2020 · 4 mins read
