Japan’s move to negative rates sees FTSE edge over 6000
The FTSE 100 edged back over 6000 on a wave of positive sentiment triggered by the surprise announcement that Japan has moved to negative interest rates.
The FTSE 100 edged back over 6000 on a wave of positive sentiment triggered by the surprise announcement that Japan has moved to negative interest rates.
Markets have welcomed confirmation of the widely expected first interest rate rise since the financial crisis, but all eyes have quickly turned to focus on what comes next.
The Bank of England confirmed today rates will be held steady at 0.5% as widely expected just as data emerged showing a small dip in UK consumer confidence.
Fund managers have responded with equanimity to the UK CPI inflation figures released today, saying the underlying data does not suggest a deflationary scenario.
Conjecture over the timing of the first UK rate rise is becoming almost as routine as the industry’s misplaced adaptation to the ‘abnormal’ 0.5% rate presently in place.
With MPC minutes having today revealed growing concerns about UK inflation it suggests that, alongside rising interest rates, investment strategists are going to have plenty to ponder by the time the summer fades.
The Bank of England could spring an interest rate rise on markets sooner than expected, according to JP Morgan’s Stephanie Flanders.
Ageing populations have created incredible demand from pension funds and insurance companies for long-dated assets, but the supply falls way short, according to Rick Rieder, BlackRock’s chief investment officer of fixed income fundamental portfolios.
The chancellor of the exchequer has said we stay on the course to prosperity in his final Autumn Statement prior to the General Election.
While there is little indication that the eurozone will be able to boost growth significantly in the short term, investment in the region remains robust, with a number of wealth managers currently overweight.
News that the Bank of England’s monetary policy committee was split seven to two on whether or not to raise interest rates at its latest meeting is unsurprising, but how much should be read into it?
HSBC Global Asset Management is launching a global inflation-linked bond.