Filtered by Subscriptions: Bonds & Equities Use setting Bonds & Equities
This report is only available as a PDF. Click to download. … Real yields – how far could they fall? …
7th October 2009
The US equity market enjoyed another good month in September. The good times may roll on for a while as the incoming data improve. But as risk appetite starts to taper off, there may be trouble ahead. … Stocks still strong, but for how long? (Sep …
This report is only available as a PDF. Click to download. … Tory spending cuts are just the beginning …
The price of gold has finally risen above the previous record intra-day high of $1034/oz hit on 17th March 2008, raising hopes that the bull market that saw prices more than quadruple from a low of $255 in 2001 is back on again. Indeed, three factors …
6th October 2009
This report is only available as a PDF. Click to download. … The EMBI rally is pretty much over …
This report is only available as a PDF. Click to download. … Farewell to the G7? …
5th October 2009
This report is only available as a PDF. Click to download. … Best days look over for emerging debt and the EMBI …
2nd October 2009
This report is only available as a PDF. Click to download. … Dollar still the world’s favourite reserve currency …
The recent slide in the dollar’s share of global foreign exchange reserves greatly exaggerates the extent to which reserve managers are losing faith in the dollar. The dollar is still entrenched as the world’s dominant reserve currency. … End of the …
1st October 2009
This report is only available as a PDF. Click to download. … Yen strength is here to stay …
Speculation that there has been a change in Japan’s policy toward FX market intervention misses the point. The yen is not expensive in real trade-weighted terms, and has mainly climbed on Japan’s relatively strong economic recovery and the increasing use …
30th September 2009
This report is only available as a PDF. Click to download. … Recovery in US house prices continues …
This report is only available as a PDF. Click to download. … Sterling is not fundamentally overvalued …
29th September 2009
This report is only available as a PDF. Click to download. … Sterling is fundamentally fine …
28th September 2009
This report is only available as a PDF. Click to download. … Pace of US job losses to continue easing …
This report is only available as a PDF. Click to download. … Treasury yields have plenty of room to fall …
25th September 2009
This report is only available as a PDF. Click to download. … What is the Baltic Dry Index telling us? …
24th September 2009
This report is only available as a PDF. Click to download. … Not so ship shape …
We continue to expect the US dollar to rebound against the euro and commodity currencies in the coming months, although Asian currencies should do best of all. … Too soon to give up on the …
23rd September 2009
This report is only available as a PDF. Click to download. … Why the carry trade doesn’t spell disaster for the dollar …
One explanation for the dollar’s weakness is its increased use as a funding currency. The 3-month interest rate differential between the US and a weighted average of its major trading partners has swung from more than 2% a few years ago to below zero …
22nd September 2009
This report is only available as a PDF. Click to download. … US households benefit from the stock market rally …
This report is only available as a PDF. Click to download. … All eyes on the G20 …
21st September 2009
This report is only available as a PDF. Click to download. … Q is for caution …
18th September 2009
This report is only available as a PDF. Click to download. … Steer clear of Indian bonds …
This report is only available as a PDF. Click to download. … What should we make of booming corporate bond issuance? …
17th September 2009
Investors are becoming increasingly convinced that the Reserve Bank of India (RBI) will be one of the first central banks in Asia to begin hiking rates. However, we still think they may be underestimating the likely extent of monetary tightening in 2010. …
This report is only available as a PDF. Click to download. … Dropping like a stone …
This report is only available as a PDF. Click to download. … Not such a big discount …
16th September 2009
This report is only available as a PDF. Click to download. … Still plenty of reasons to be cautious …
15th September 2009
This report is only available as a PDF. Click to download. … Strong US retail sales mask underlying weakness …
14th September 2009
This report is only available as a PDF. Click to download. … Best days for risky assets now behind us …
11th September 2009
This report is only available as a PDF. Click to download. … Dollar should recover soon …
This report is only available as a PDF. Click to download. … No relief in sight for UK pension funds …
10th September 2009
This report is only available as a PDF. Click to download. … Outlook for gold depends primarily on the dollar …
9th September 2009
This report is only available as a PDF. Click to download. … No nasty surprises from the G20 …
8th September 2009
Equities and bonds both did well in August. Although the two asset classes often tend to diverge, the conventional upward pressures on bond yields during the current economic upswing are much weaker than usual. The major central banks have signaled that …
7th September 2009
This report is only available as a PDF. Click to download. … US consumers still lacking confidence …
This report is only available as a PDF. Click to download. … Is the equity market worth operating on? …
4th September 2009
This report is only available as a PDF. Click to download. … Equity and bond prices can move in tandem …
2nd September 2009
This report is only available as a PDF. Click to download. … Resolving the conundrum in equity and bond prices …
1st September 2009
This report is only available as a PDF. Click to download. … Big upside surprise in US manufacturing ISM? …
31st August 2009
This report is only available as a PDF. Click to download. … Market enthusiasm for new Japanese government to wane …
28th August 2009
This report is only available as a PDF. Click to download. … US Q2 GDP old news, Q3 already looking better …
27th August 2009
This report is only available as a PDF. Click to download. … Strong rebound likely in durable goods orders …
26th August 2009
This report is only available as a PDF. Click to download. … Israeli rate hike doesn’t mean others about to follow …
25th August 2009
This report is only available as a PDF. Click to download. … US households still reluctant to spend …
24th August 2009
This report is only available as a PDF. Click to download. … Unnatural gas prices …
21st August 2009
We expect further falls in US natural gas prices in the near term. However, the incentive for end-users to substitute gas for oil has rarely been higher, which will eventually feed through to higher prices, at least relative to oil. … Gas is too cheap …
20th August 2009
This report is only available as a PDF. Click to download. … Any seasonal pattern in gold may be too small to exploit …
