Insight Multi-Asset weekly update – week commencing 9 September, 2019

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Market and economic review US-China trade talks resume and constructive political developments support risk assets Risk assets performed well last week as investor sentiment was buoyed by a series of supportive trade and political developments. The main catalyst was the agreement between the US and China to meet for a new round of trade talks, […]

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Insight Multi-Asset weekly update – week commencing 2 September, 2019

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Market and economic review  US-China trade uncertainties drive risk sentiment Risk assets performed well over the week as US-China trade tensions improved. Due to an escalation in US-China trade tensions at the end of last week investors began Monday on the back foot. However, the nervousness was quickly alleviated as President Trump, whilst attending the […]

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Insight weekly multi-asset update: week beginning 26 August, 2019

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Market and economic review Equity volatility falls and bond yields rise despite uninspiring global growth prints Global equities were broadly mixed last week with most major indices climbing around 1% to 2%, which the exception of the US indices, which were down -1-2%. What was particularly noticeable was the fall in volatility, after two weeks […]

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Insight Multi-Asset weekly update: PMIs for Japan, Europe and the US will remain under scrutiny

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Market and economic review A Stellar week for government bonds, as longer-dated yields reach record lows At the start of last week, 30-year US government bonds were yielding 2.25%, having tightened by roughly 75bp since the beginning of this year. To put it in context, that equates to a total return of 24%, roughly 10% […]

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Insight Multi-Asset weekly update: Interest rate cuts overshadowed by ongoing US-China trade war

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Market and economic review This week’s economic data overshadowed by trade war concerns While the primary driver of risk assets last week has been the escalation in US-China trade tensions, key economic data did play some part in moving the market. The US non-manufacturing ISM fell to its lowest level since August 2016. Chinese exports […]

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Insight multi-asset weekly update: US-China trade concerns returned to the fore, affecting risk sentiment

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Market and economic review US-China trade concerns returned to the fore and weighed on risk sentiment last week. Equity markets fell 2-6% over the week following the unexpected announcement of additional tariffs on Chinese exports into the US on Thursday. Unsurprisingly, returns from Chinese and eurozone equities were notably weaker over the period while sterling […]

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Insight Multi-Asset Weekly Update – all eyes on the Federal Reserve meeting Wednesday with a cut widely expected

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Market and economic review A positive week for risk assets, with US corporate earnings being well received by the market Global equities ended last week in positive territory on the back of positive share price reaction to Q2 2019 US corporate earnings mixed with disappointing global growth data. Government bonds moves were relatively muted: 10-year […]

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Insight Multi-Asset weekly update: European Central Bank meeting on Thursday likely to be the biggest market focus

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Market and economic review Risk assets trade sideways on busy week for growth data and US earnings Global equities ended last week broadly flat despite a busy period for global growth data and 20% of S&P 500 Index market cap reporting Q2 earnings. Earnings growth thus far has been slightly ahead of expectations, but in […]

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Insight Multi-Asset weekly update

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Market and economic review Risk sentiment buoyed by a positive outcome from the recent Trump-Xi meeting Risk assets began last week on a strong note as the widely anticipated Trump-Xi meeting at the G20 summit paved the way for a potential de-escalation in the ongoing US-China trade tensions. Although any concrete resolution still remains out […]

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Insight Multi-Asset weekly update: Key PMI data out this week

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Market and economic review Markets enter ‘wait and see’ mode ahead of the G20 summit In contrast to the recent rally, risk assets as well as government bonds traded in a fairly narrow range this past week. This was driven by a build-up in anticipation leading up to the Trump-Xi meeting at the G20 summit. […]

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