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  1. 4 天前 · Market expectations for Fed rate cuts have been on a roller-coaster ride, swinging from too enthusiastic in Q1 to quite conservative at the time of writing as inflation has proved stickier than expected. As rate cuts are just a matter of time, we lock in current attractive bond yields. In equities, we see a richer set of opportunities across geographies and sectors, driven by broadening global ...

  2. 3 天前 · Stock markets in mainland China and Hong Kong have rallied this year, with solid momentum in Q2 delivering one of the strongest performances in global equities. Late last year, disinflation and positive growth hinted at the prospect of the softest of soft landings for the economy. But in Q1, a sequence of three hot inflation prints reframed ...

  3. 2024年5月13日 · The outperformance has been supported by its nominal yield advantage; but this looks to have gone beyond what the relationship implies (Chart 1). With the backdrop of lower FX market volatility, the higher-yielding GBP has also been supported by carry trade activities.

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  5. 2024年5月3日 · Given the accumulation of data this year showing resilient economic growth and sticky core inflation in the US, our economists now expect only one 25bp rate cut in 2024 (75bp previously) and 75bp of rate cuts in 2025 (unchanged). Markets currently price in 33bp of rate cuts by the Fed in 2024 ( Bloomberg, 2 May 2024).

  6. 3 天前 · Learning About ESG is an educational series that connects environmental, social and governance topics with investing. Join us each issue to see how global developments can have implications for investors. The better we understand ESG, the bigger the role it can play in our everyday lives – and investment portfolios – contributing to a better world.

  7. 5 天前 · Asian stock markets traded mostly lower on Tuesday, led by losses in Chinese equities as weaker-than-expected quarterly earnings results weighed on market sentiment. Hong Kong’s Hang Seng and China’s Shanghai Composite lost 2.1% and 0.4%, respectively.

  8. 2024年5月20日 · Chart of the week – China’s ultra-long bond boost. Policy support from Chinese authorities to boost economic momentum has been building for months. This week saw the latest, and potentially most potent of those moves, with confirmation of a new CNY1 trillion (USD140 billion) ultra-long government bond issuance.

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