Non-U.S. developed markets led the week as U.S.-China trade talks reignited while the European Union opened up to renegotiation. U.S. earnings may fall in the third quarter.
Global stocks fell with disappointing U.S. economic indicators and U.S. plans for tariffs against Europe. The European Union will evaluate the U.K. Brexit plan.
The recent dislocation in the market for repurchase agreements (known as the repo market) not only caught the attention of market participants, it prompted market intervention by the New York Federal Reserve. Peter Yi, director of short duration fixed income, explores the issue.
Manufacturing and services in Europe fell fall well short of expectations, while central banks in Australia and India are likely to cut rates.
The Federal Reserve didn’t rule out future cuts after reducing rates last week. Europe will report this week on manufacturing, which the central bank there is watching closely.
The European Central Bank announced aggressive moves last week to fight slow growth and low inflation. Chief Investment Strategist EMEA & APAC Wouter Sturkenboom gives our take on what this means for investors globally.
Global equities rose after planned U.S. tariffs on China were delayed. Investors expect a rate cut from the Federal Reserve this week.
Chief Investment Strategist Jim McDonald gives an inside look into our new Capital Market Assumptions research, which identifies the key investment themes to watch and how they translate into asset class returns for the next five years.