Asia ex Japan (AxJ) equities declined by 0.9% in USD terms in April, largely on the back of currency weakness. Oil markets reached their highest levels since last November, while activity data in China improved.
Our Chief Global Strategist explains the reasons why there is too much unjustified pessimism about Abenomics.
Our Asian currency expert discusses the potential ramifications of the increasing CNY-orientation for Asian currencies.
What is more important for credit spreads in the current environment: the fundamentals or central bank actions? Our research suggests that since 2010 the answer has been central banks and, in particular, the US Federal Reserve.
The global advertising industry is undergoing a rapid transition. Advertisers are currently under-allocating to mobile advertising, and there are some companies that are well placed to take advantage of this trend.
US Treasuries ended mostly higher in March, while risk assets rallied. Although US labour data mitigated fears of a recession, the Federal Reserve (Fed) now expects to raise interest rates twice this year, down from its previous projection of four rate hikes.
Asia ex Japan equities rebounded in March, with the MSCI Asia ex Japan index returning 11.2% in USD terms. Sentiment was driven by a combination of dovish rhetoric from the US Federal Reserve (Fed) and easing by the European Central Bank (ECB).
For the next 12 months, we are quite positive on performance prospect for global credit, singling out five investment themes.
With banks using negative interest rates and their stocks plummeting, many are wondering if the world is headed into another recession. Though things may seem grim, the truth is that another recession seems to be unlikely.
Since 2011, Brazilian assets have re-priced to the downside. Given the size of the adjustment – both in commodities and assets – the question is whether Brazil is now presenting attractive investment opportunities.