Macro

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Italian election result shows Italy’s and Europe’s core challenges remain unresolved

Italian election result shows Italy’s and Europe’s core challenges remain unresolved

Timothy Graf, head of macro strategy for EMEA at State Street Global Markets; Antoine Lesné, head of EMEA strategy and research for SPDR ETFs; and Elliot Hentov, head of policy and research – official institutions for EMEA at State Street Global Advisors, offer their views on the Italian general election results…

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We are in a bond balloon, not a bubble - ETF Securities September Outlook

We are in a bond balloon, not a bubble - ETF Securities September Outlook

By James Butterfill, Head of Research & Martin Arnold,  FX & Commodity Strategist, ETF Securities 

Across asset classes, volatility has moderated, and the underlying macro landscape has improved on a global basis, prompting greater investor optimism. Political uncertainty has also moderated, with two key exceptions: the Trump administration and the Brexit negotiations. Risk and the implied complacency of investors that low volatility presumes are key issues in financial markets, the current ‘risk-on’ environment where equity markets are reaching record highs looks increasingly untenable. 

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WisdomTree comments on UK inflation rise

WisdomTree comments on UK inflation rise

The May inflation release from the UK’s Office for National Statistics shows CPI inflation has jumped up to a high of 2.9 per cent.

Commenting, Viktor Nossek, director of research at WisdomTree in Europe, says: "Inflation has caught markets unawares today, accelerating to 2.9 per cent as the cost of goods and services - rather than imports - drove it higher.

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Hammond is hardly top gear

Hammond is hardly top gear

The reaction of financial markets to the new Chancellor’s first, and last, Autumn Statement pretty much says it all – big surprises were conspicuously absent, but longer-term challenges remain, says Richard Buxton (pictured), Head of UK Equities, Old Mutual Global Investors…