With recent economic data being generally supportive of a tightening, all eyes are currently on the Fed over the possibility of a historic change in policy.
Since the early 1980s, there is clear evidence of a steady decline in real interest rates largely linked to the residential real estate market.
Nordic small caps have provided strong returns over recent decades, with long term out-performance, and yet remain highly under-researched.
It appears the authorities in China intend to move away from a managed currency peg to a more ‘market-based’ exchange rate, in line with the IMF’s guidance.
The low inflation environment looks set to stay as the ECB targets the ambitious goal of maintaining rates below but as close to 2% as possible.
Despite a crash of global equities, caused by negative economic news in China and stock declines, US equities and oil prices still ended up on the week.
The melting of the Himalayan glaciers largely affects the flow of rivers that feed from it, causing flooding and disruption to electricity production.
Will the Fed raise interest rates to signal the ‘progress in healing the trauma of the financial crisis’ that chair Yellen announced in June 2015?
Global central banks have reacted to the PBOC’s announcement to devalue the Chinese yuan, with several signs of discomfort towards the policy action.
Difficulties in China have intensified the sell-off in emerging market equities, leading to volatility and even stronger currencies depreciating quickly.
The July Federal Open Market Committee minutes reflect doubt over Fed Chair Yellen’s approach to the inflation outlook and downside risks to growth.
Emerging market small caps have outperformed most major equity indexes this year and can offer investors diverse benefits.
Volatility control is best done systematically and with great discipline, but keeping the mechanism relevant for investors is a human‘s job.
The FOMC note that a policy rate rise would occur with an improvement in the labour market, likely to be in September, followed by a gradual normalisation.
China’s recent renminbi devaluation should not be seen as the latest policy tool in dealing with weak growth and deflation pressures, argues economist Chi Lo.
A more detailed grasp of the sources of economic risk could help a portfolio manager adjust allocation of risk sources as and when required.
Considerable churn in the top league of Indian equities can create stock-picking opportunities for benchmarked and unconstrained investors.
Despite headwinds from the crisis now fading, evidence shows a decline in the US growth rate as these issues prove to be more persistent than first thought.