Tag Archives: Brexit

Swiss Franc The Euro has risen by 0.13% at 1.1056 EUR/CHF and USD/CHF, July 26(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors are happy for the weekend. Between the ECB, Brexit, and next week’s FOMC, BOJ, and BOE meetings, the markets are mostly in a consolidative mode ahead of the weekend. The first look at Q2 US GDP is the last important data...

We expect the BoE to cut rates in November, even if a Brexit deal is reached by October. UK sovereign bond (gilts) yields have fallen this year, with the 10-year yield dropping by 59 basis points (bps) to 0.69%1, in concert with other core sovereign bond yields. The Brexit saga, along with the global slowdown forcing many central banks to turn dovish, are the main factors behind this steep fall. Taking stock of this...

We expect the BoE to cut rates in November, even if a Brexit deal is reached by October.UK sovereign bond (gilts) yields have fallen this year, with the 10-year yield dropping by 59 basis points (bps) to 0.69%1, in concert with other core sovereign bond yields. The Brexit saga, along with the global slowdown forcing many central banks to turn dovish, are the main factors behind this steep fall.Taking stock of this context, we now expect the Bank of England (BoE) to cut rates by 25 bps at its...

Boris Johnson, neuer Premierminister des Vereinigten Königreichs. (Bild: Bart Lenoir/Shutterstock.com) Boris Johnson erbt das zerstrittene britische Parlament und die Gegnerschaft der EU, die bereits Theresa May zu Fall gebracht haben. Experten von DWS, Investec AM, Schroders sowie M&G kommentieren die Wahl und ihre Folgen.Mit 66 Prozent der Stimmen wurde Boris Johnson auf dem Kongress der Konservativen Partei am Dienstag zum neuen Parteichef gewählt und wird heute als...

Swiss Franc The Euro has fallen by 0.32% at 1.097 EUR/CHF and USD/CHF, July 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The gains in US equities and the apparent US budget agreement has underpinned equities today and the US dollar. Asia Pacific equities recouped yesterday’s losses, and Europe’s Dow Jones Stoxx is posting gains for the third consecutive...

Swiss Franc The Euro has fallen by 0.03% at 1.1007 EUR/CHF and USD/CHF, July 22(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: What promises to be an eventful two weeks has begun quietly. The ECB, Fed, BOJ, and BOE will meet over the next fortnight. The central banks of Turkey and Russia meet this week and are expected to cut rates. The UK will have a new...

With Boris Johnson likely to become prime minster this week, our base case is for another extension to the 31 October Brexit deadline, probably for several months.Boris Johnson looks likely to be succeed Theresa May as prime minister, after the internal Tory party contest. Johnson prominently waves the no-deal Brexit flag (the possibility of exiting the EU without a deal) by the 31 October deadline, in order to get more concessions from the EU – a relatively perilous negotiation...

Three events that will capture the market’s attention next week: The consequences of the Japanese election, the first look at US Q1 GDP, and the ECB meeting. The central banks of Turkey and Russia also meet. Both are expected to cut interest rates, following rate cuts in the middle of last week by South Korea, Indonesia, and South Africa. Japan goes to the polls on July 21 to elect the upper chamber of the Diet. There...

Swiss Franc The Euro has fallen by 0.09% at 1.107 EUR/CHF and USD/CHF, July 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Profit-taking continues to weigh on global equities earnings concerns saw the biggest drop in the S&P 500 in three weeks. The MSCI Asia Pacific Index fell for the fourth consecutive session. The Nikkei gapped lower for the second...

Swiss Franc The Euro has fallen by 0.05% at 1.1078 EUR/CHF and USD/CHF, July 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Summer in the northern hemisphere contributing to the subdued activity in the global capital markets. The MSCI Asia Pacific index stalled after a four-day advance, with Japanese, Chinese, and Australian equities offsetting gains in Taiwan,...