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Analisi 30.08.2019

Investing in a time of geopolitical uncertainty

Spotlight - Unlike previous cycles, avoiding economic recession no longer ensures markets can avoid falling into bear market territory.

Analisi 29.08.2019

JPY – Sleeping giant is starting to wake

A further decline in USD/JPY to around 100 is expected in the months ahead.

Analisi 28.08.2019

Hong Kong outlook as trade war and protests escalate

The market is probably preparing for even higher tariffs and retaliation measures spreading further into non-tariff, direct economic sanctions.
Analisi 21.08.2019

Argentina crashes but probably won’t burn

The past week has seen downward pressure on Argentine markets following the 11 August primary election, which came as a negative surprise for investors.

Analisi 20.08.2019

Forex Focus: GBP – Playing Chicken

Markets have broadly priced in a no-deal Brexit.

Analisi 15.08.2019

China - Trade War and Policy Direction

In a surprising move, President Trump has back-pedalled on his tariff measures against China.

Analisi 09.08.2019

The end of the US-China trade war...

Spotlight - The ‘trade war’ between the US and China is likely to be nearing an end as both the US and China exhaust available imports on which they can levy new tariffs.

Analisi 08.08.2019

Emerging market fixed income – current strategy

Fundamentals remain stable, the GDP gap is healthy, and central banks are supportive.


Analisi 07.08.2019

Investment update on Hong Kong protests

The escalation of protest violence in Hong Kong has worsened and spread into a partial strike among the local workforce.

Analisi 06.08.2019

GBP - A nightmare on downing street

Following Boris Johnson’s election, we consider six Brexit scenarios and analyse their potential impact on the British pound.

Analisi 02.08.2019

Investment implications of Hong Kong protests

The escalation of protest violence between anti-government groups and the police over the past few weeks has significantly overshadowed Hong Kong’s market and economic outlook.

Analisi 29.07.2019

Gold: Ready for lift-off

In June, the gold price rose by nearly 10%, moving from around $1,300 per ounce at the start of the month towards levels of around $1,430 by the end.

Analisi 25.07.2019

Navigating wealth succession in Asian families

Wealth succession is complex, emotional and can be costly if not managed properly

Analisi 24.07.2019

Turkey: looming challenges

Lira depreciation will continue over the longer term

Analisi 17.07.2019

Watch for China’s bounce

China’s reported gross domestic product (GDP) showed a modest deceleration to 6.2% year-on-year (yoy) in the second quarter of 2019 (2Q/19) from 6.4% in the previous two quarters.

Analisi 11.07.2019

Turning up the fiscal tap

In the prolonged global quantitative easing era, should the fiscal tap be turned up ? With monetary policy having basically run to its limit, fiscal stimulus through modest budget deficit can be sustained for a longer period.