Global equities ended a strong year on a weaker note as equity and bond markets both reacted negatively to guidance from the Federal Reserve (FED) that US interest rates will be cut by less than previously expected. The FED’s dot plot now indicates that interest rates will be cut twice in 2025, down from the four cuts forecast when the …
Oil Update February 2017
The joint ministerial monitoring committee (JMMC), the body tasked with monitoring the compliance of the 13 OPEC members and 11 non-OPEC oil producers with production adjustments, met on January 22nd. At the meeting, countries confirmed commitments to shoulder their share of the production cuts originally announced in November and December. Click here to read more.
Market Commentary November 2015
While equity markets recovered in November, commodity markets remained volatile. Anticipation of a tightening of monetary policy in the US, contrasting with an expected expansion of the ECB’s quantitative easing programme in 2016, heavily influenced markets. To read more click here.
Market Commentary October 2015
Investment Markets in October October saw a recovery in global equity markets following significant weakness over the previous two months. European equities saw the biggest rally, gaining over 10% in the month as the ECB indicated that it would expand its quantitative easing programme. Gains in non-euro assets were added to by foreign exchange gains as the euro weakened against …
Market Commentary September 2015
Despite a rally on the last day of the month, September was another difficult period for equity and commodity markets. Our latest Commentary looks at the implications of recent market falls for European equities. We also review the circumstances impacting on the price of oil. Click here to read more.