Economic news

Indian elections: Aberdeen expects political stability

Kristy Fong, Asian Equities Investment Director, Aberdeen Standard Investments, comments: “A continuation of Prime Minister Modi’s structural reform agenda would provide a lift to the economy and to corporate India. It would also likely spell good news for stocks. “We can expect the govern...

European elections look priced in for now, but we see risk of localised storms

European elections may increase political fragmentation and have repercussions for country politics Eurozone equity valuations discount political risk, but secular stagnation fears prevent outperformance vs US We remain neutral Italian bonds despite attractive spreads and have a small overweig...

Monex expects low impact EU elections

The much talked about European elections are approaching at a rapid pace which, to the surprise of many, is a good reason to unfasten your seatbelt, get up and make yourself a nice cappuccino. That’s right, the expected outcome of the European Parliamentary elections is expected to be negligible on...

Indian equities and the world’s largest election

GAM Investments’ Tim Love explores the Indian election process and the outlook for equities here as the world’s largest democracy heads to the voting polls. From 11 April to 19 May, some 900 million Indians are casting their ballot across 29 states in the world’s largest democracy Both the BJP...

AXA IM's David Page: UK reaction: No Brexit scare, deadline shifts to Halloween

David Page, Senior Economist at AXA Investment Managers, comments on the latest Brexit update: EU Summit agrees a ‘flextension’ of Article 50 to 31 October, unless UK passes a deal beforehand. This removes the prospect of damaging “no deal” exit on 12 April. The extension allows the Europe...

Monex: more dovish signs

ECB meeting preview: Dovish risks are stacking up for the already strongly accommodative policies of the European Central Bank. Especially signs from the manufacturing sector are not constructive for a swift exit from ECB’s stimulating monetary policy, with for example German Industrial Production a...

Fidelity: ECB buys time

“The ECB today left all policy levers unchanged, continuing to guide ongoing QE reinvestment “for an extended time after the first rate hike” and such a potential rate hike is not coming until we’re “through summer of 2019”. “The subsequent press conference saw President Draghi discuss the downsi...

NN Investment Partners sees moderate 5%-7% equity returns in 2019

The final quarter of 2018 was one of the worst quarters for global equities in 45 years. In the past, such performances have usually only occurred in periods of recession and oil shocks. It is highly likely that 2018 was the year that earnings growth peaked in the current global equity earnings cycl...

Expectations for Latin America's Economy in 2019

Article from FocusEconomics 2019 is poised to be a better year for the Latin American economy after a tough 2018 characterized by a chaotic and noisy election cycle, a sharp decline in sentiment for emerging-market assets and a U-turn toward global protectionism. Next year, regional growth (exclu...

No Brexit could support sterling

David Page, Senior Economist at AXA Investment Managers, comments on UK Parliament rejecting the Prime Minister’s negotiated Brexit deal with the EU: Parliament rejected the government’s negotiated exit deal with the EU by an historic 230 votes. Labour have tabled a motion o...