Tag Archives: China

Chinese Rates – What’s Next?

A View from the Emerging Markets Desk Following several months of disappointing inflation data, the Chinese Central Bank moved to cut rates on Sunday. The People’s Bank of China (PBoC) cut the benchmark interest rate by 25bps, the third cut … Continue reading

Posted in Emerging Markets, Markets, Uncategorized | Tagged , , , , ,

Strong Jobs Report Joins Improving U.S. Employment Trends

According to the “establishment” survey, payroll employment rose 257k in January; November and December were revised higher by +147k (257k+147k=406k). The normal annual review resulted in 2014 being revised higher by 245k. (Note: the 147k Nov-Dec revision is part of the … Continue reading

Posted in Economy, Emerging Markets, Equity, Fixed Income, Industry Insights, Markets | Tagged , , , , , | Leave a comment

Mind the Gap

Economic fundamentals (the “real economy”) have been struggling to catch up with the buoyant behavior of financial markets and, eventually, these diverging patterns (gaps) will have to be reconciled. On the economic side, the main global structural imbalances (a mountain … Continue reading

Posted in Economy, Equity | Tagged , , , , , , , , , , , , , , , , ,

The FOMC Holds Steady as Markets Hit a “Tipping Point”

  Observations on the Capital Markets – Week Ended August 1, 2014 The FOMC met last week, expressed satisfaction and maintained course. While their policy decisions (continue the taper—now $25b—and keep the Fed Funds rate where it is) were no surprise, the … Continue reading

Posted in Economy, Equity, Markets | Tagged , , , , , , , | Leave a comment

EM Update: Central Banks & Monetary Policies

Pioneer’s Head of Global Asset Allocation Research, Monica Defend, recently released an in-depth macro report on Emerging Markets. Here are some of her updates on EM monetary policies. You will find a link to the full report at the end. … Continue reading

Posted in Economy | Tagged , , , , , , | Leave a comment