Insight Investment analysis says three things to watch amid painful GDP contractions

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As the world ramps up its response to the coronavirus crisis, with lockdowns and business closures gathering pace, Insight Investment has estimated the potential peak-to-trough impact to global GDP. Our main views are: GDP contractions around 15% peak-to-trough are likely in most economies including Australia. Fiscal and monetary policy responses will be key, but business […]

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Insight Multi-Asset update – week beginning 11 February, 2020

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Market and economic review As the week progressed fears of the coronavirus seemed to somewhat abate which, with the help of constructive data releases, allowed global equities to move to new all-time highs. Government bond yields moved higher, reversing part of the strong rally the market has seen since the turn of the year. In […]

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Insight Multi-Asset update – week beginning 3 February, 2020

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Summary  Markets focus on the potential economic impact of the coronavirus as the confirmed cases and death toll rise. With data still suggesting tentative signs of stabilisation, the Federal Reserve meeting offers little to chew on. A busy week for US earnings but share price reaction remains muted. Outlook: US primary elections begin, several central […]

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Insight Multi-Asset update – week beginning 20 January, 2020

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Market and economic review The signing of the ‘phase one’ deal between the US and China, constructive data releases and positive earnings stories for US banks buoyed global equities last week. Government bond yields were broadly flat, with the exception of UK gilts which tightened meaningfully owing to members of the Monetary Policy Committee (MPC) […]

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Insight Multi-Asset update – week beginning 13 January, 2020

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Market and economic review Despite geopolitical tensions rising and a weak ISM print, 2020 has seen a strong start for risk assets. After the US-led assassination of Iranian Major General Qasem Soleimani, and the subsequent response from Iran, tensions seemed to calm with a speech from the US President Donald Trump. Whilst the market focused […]

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Insight Multi-Asset update – week beginning 2 November, 2019

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Market and economic review  With news flow on the signing of a ‘Phase One’ deal between the US and China sparse relative to prior weeks, instead we will mainly focus on this week’s data releases. With Thanksgiving on Thursday, the end of the week was rather quiet with the release of data from the US […]

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Insight Multi-Asset update – week beginning 25 November, 2019

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Market and economic review With little data to focus on in the early part of last week, and following on from our recent updates, markets continued to be dominated by the ebb and flow of news on the trade war between the US and China. Towards the end of the week, preliminary PMIs were released, […]

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Insight multi-asset update – week beginning 18 November, 2019

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Market and economic review Developments in the US-China trade war continued to dominate market performance, with equities and bonds reacting to contrasting news flow. As a whole, equity performance was broadly flat over the week. US equities were a small positive, whereas Spanish and Chinese bourses suffered due to more idiosyncratic political issues. In the […]

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Insight Weekly Multi-Asset update – week beginning 28 October, 2019

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Market and economic review Last week was a positive one for equities, with price reaction to earnings generally positive across the board (see below). In contrast, global government bond yields were relatively quiet. Within FX, emerging market currencies performed well, in particular the Brazilian real which was helped by the passing of new pension reforms. […]

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Insight Multi-Asset weekly update – week beginning 21 October, 2019

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Market and economic review Last week was characterised by relatively light trading volumes across markets. There was similarly limited progress in the ongoing trade dispute between the US and China. Global equities did gradually climb higher throughout the week, with reaction to US earnings particularly positive. European government bond yields rose on the back of […]

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