While government bonds in the US and the euro-zone have both been rattled by a rebound in the price of oil, we think other factors will start to play a more important role in determining their fate.

Financial markets have initially welcomed the clarity and continuity resulting from the Conservative Party’s unexpectedly decisive victory in the UK general election. Political risks have undoubtedly...

The UK general election on Thursday is the most hotly contested in recent history. There are many plausible outcomes, most of which present different threats to the UK’s financial markets. We review...

We remain positive on the outlook for Japanese equities and negative on the yen, despite the Bank of Japan’s failure to announce additional monetary stimulus today.