China battles its ‘impossible trinity’!
Of all the happenings in investment markets over the past couple of weeks, China’s decision to devalue its currency last week has attracted most attention from investors. It has been a factor in the weakness in commodities (and commodity related currencies) and Asian and Emerging market equities in the past week while it has also boosted ‘safe haven’ investments in government bonds and gold.
Irish growth story continues in Q1 - Real GDP up by 1.4% in the quarter
Irish growth story continues in Q1 - Real GDP up by 1.4% in the quarter This morning the Central Statistics Office released National Accounts for Ireland for the first quarter of 2015 (see Table 1). These figures show that the strong momentum in the economy continued into the first three months of the year.
Outlook for Interest Rates and Foreign Exchange - June 2015
In historical terms and given the macro-economic backdrop, the market view is that the yield curve is too flat, leading to market expectations that longer term bond yields will rise in the coming months. Volatility is likely to remain elevated with further euro declines expected as divergent Central Bank policies in US, UK and Euro area weigh on the single currency.
Private Banking Global 'Wrap Up' - Q1 2015
In many ways the first quarter of 2015 exemplified just how unpredictable the global economic recovery has been over the past few years. Just as investor confidence surrounding the US economy grew in the second half of 2014, growth began to sag in Q4 and this slowdown continued into the first quarter of 2015.
The Investor 'Extra' - March 2015
With the European Central Bank’s announcement of further sovereign bond purchases back in January, yet another developed economy central bank has now embarked on a fully fledged Quantitative Easing program. This again prompts investor questions around what exactly the objectives behind QE are and how it benefits the economy?