Politics, policy-mix and financial conditions still dominate the investment environment Markets have started looking on the bright side of life again after the Dutch elections, if tighter spreads in some European markets are anything to go by. Somewhat paradoxically, yield curves across the world have barely moved in spite of… Read More »
Thomas Schaffner -
Towards the end of 2016, as a result of the US elections, emerging-market investor uncertainty increased. As we approach the end of the first quarter of 2017, it’s time to take a look at developments in emerging markets and what investors should bear in mind for the months to come.… Read More »
External financing conditions in emerging economies remain highly volatile, as foreign investors repeatedly reassess the attractiveness of emerging market assets in light of ever-changing expectations about the path for interest rates in the U.S. and other advanced economies. This frequent reevaluation has resulted in the ebb and flow of global… Read More »
In the weeks leading up Donald Trump’s election, traders had their eyes glued to the Mexican peso whose value lost or regained ground as the voting forecasts for the outsider candidate rose or fell. Now that the fervour has crossed the Atlantic and taken over France, it is now the… Read More »
Now that the VVD party has emerged victorious in the Netherlands’ parliamentary elections, we expect the current administration to continue more or less in its current form – and possibly become even more aligned with Brussels. In the Netherlands, coalitions are criticalOn 15 March, millions of Dutch voters went to… Read More »
Although the PVV’s prospects had been in decline for some time, the failure of Geert Wilders to win the most seats in the Dutch parliamentary elections ought partly to relieve one the biggest concerns hanging over European fixed income in recent months. The perceived threat of anti-EU parties assuming power… Read More »
In reaction to the Dutch General Election result, Michael Metcalfe, global head of macro strategy, for State Street Global Markets, and Antoine Lesné, EMEA head of ETF strategy at SPDR ETFs, part of State Street Global Advisors, offer their views. Metcalfe commented, “The victory of the People’s Party for Freedom… Read More »
In reaction to today’s US Federal Open Market Committee (FOMC) meeting, Lee Ferridge, head of multi-asset strategy for North America at State Street Global Markets, and Antoine Lesné, EMEA head of ETF strategy at SPDR ETFs, part of State Street Global Advisors, offer their views. Ferridge commented, “This was the… Read More »
Time flies, especially when markets are busy and noisy, and markets have been both in recent months, with the MSCI AC World Index up 8.7% (in USD terms) in the 100 days following the shock result of the US Presidential election. While the magnitude of the rally is garnering much… Read More »
Since the onset of the financial crisis, we have been steadfast optimists that the global and US recoveries would be ongoing. Our feeling is and has been that despite the enormous headwinds facing global growth, the natural economic healing process, the persistence and ingenuity of the human spirit, and continued… Read More »
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