Region: Global

Weekly wrap: GDP growth: Japanese joy, European gloom

2 days ago
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In Asia, it is hoped that Japanese exports for April (Tuesday) will build on recent strength (+1.1% year-on-year in March). Over in China, the health of the manufacturing sector is gauged with the release of the May HSBC Flash Manufacturing PMI (Wednesday); the April reading came in at 50.4, signalling only a slight improvement in manufacturing activity.

Citywire: Henderson tech stars sell out of social media plays

Ian WarmerdamClick for moreClick to follow:Ian Warmerdam
172 Following
2 days ago
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Ian Warmerdam and Stuart O'Gorman have decided to take profits on positions in Facebook and LinkedIn to allow them to focus the Henderson HF Global Technology fund on the internet retail market.

Global Snapshot May 2013 is available now

1 week ago
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Financial markets were in a positive mood in April. Further supportive central bank action in the form of aggressive new quantitative easing plans from the Bank of Japan, positive developments in Cyprus and the appointment of both president and prime minister in Italy ensured the upbeat sentiment outweighed further weakness in economic data and mixed corporate earnings.

Weekly wrap: Special FX: Dollar/yen breaches ¥100 level

1 week ago
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Market momentum continued last week, with the S&P 500 and Dax ascending to new highs and the FTSE closing above 6,600 for the first time since 2007. There was a ‘Nirvana’ moment in the Japanese market as the yen broke through the psychological ¥100 barrier versus the dollar for the first time in four years. ‘Abenomics’ continues to raise expectations for further yen weakening and improving Japanese corporate profits. Looking ahead, eurozone industrial production comes to the fore on Tuesday, swiftly followed by the initial reading of first quarter euro area economic growth on Wednesday, where a small contraction is expected.

Weekly wrap: Reserve Bank of Australia cuts interest rates to record low

2 weeks ago
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Global equities had cause to celebrate last week after political tensions eased in Italy, US jobs data surprised to the upside, and as the European Central Bank (ECB) and Federal Reserve (Fed) maintained their accommodative monetary policies. European equities were supported by the ECB’s decision to lower its main interest rate by 25 basis points to a record low of 0.5%, with ECB President Mario Draghi promising the central bank stood "ready to act if needed".

Weekly wrap: The UK economy avoids a triple dip recession

3 weeks ago
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Global equity markets enjoyed another positive week despite weak manufacturing surveys in the US and Europe. The coming week will reveal the latest rates decision from the European Central Bank and the Federal Open Market Committee’s current monetary policy stance.

Weekly wrap: This week brings the first glimpse of US and UK Q1 GDP

1 month ago
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Global equities endured a turbulent week with many key stock markets closing lower. Gold hogged the headlines, falling 9% on Monday, the biggest one-day drop in 30 years. There are concerns that Cyprus may sell down gold reserves to finance its bailout and other indebted nations may follow suit; suggestions that the US may be closer to reaching a decision to wind down its quantitative easing programme helped exacerbate the fall.

The attractions of property equities

1 month ago
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In a world of continuing market volatility and low interest rates, investors can still stay invested by seeking opportunities in the right asset classes. Property equities could be one such asset class.

Crossing the Rubicon - central bankers gamble with monetary policy

Bill McQuakerClick for moreClick to follow:Bill McQuaker
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1 month ago
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What does evolving central bank policy mean for investors?

Weekly wrap: After the disappointment of US nonfarm payrolls all eyes are on the Fed and the outlook for QE

1 month ago
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Markets were stunned twice in rapid fire at the end of last week. First, the Bank of Japan took everyone by surprise by the size and scope of its radical monetary easing measures, then a much lower-than-expected US nonfarm payrolls figure raised fear over the path of economic recovery in the US, coming on the heel of a number of weak data releases earlier in the week.
 
This week speeches by several Federal Reserve officials including the chairman, Ben Bernanke, and the release of the latest Fed minutes will bear close scrutiny. The Q1 earnings seasons also kicks off in the US with Alcoa reporting on Monday.

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