Nothing but blue skies in November, BofA-ML fund managers survey finds
All it took was another rate cut: Economic growth expectations surged and risk-taking took off in November, according to the Bofa-ML fund managers survey.
European Union
Why interest rates are heading toward zero (even in the US)
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
Fund managers grow more depressive on trade war outlook, October BofA-ML survey finds
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
DBS: Where to boldly go for income in a zero- and negative-yield world
DBS Bank Chief Investment Officer Hou Wey Fook said Thursday he’s making a “bold call” on where to look for income: European oil majors.
Fund managers’ recession fears grow, BofA-ML September survey finds
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
BofA-ML survey: Fund managers grow more jittery in August, turning to protection
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
BofA-ML survey: Fund managers step back from bearish brink, but jitters persist
Global fund managers were a tad less pessimistic, but they continued to fret over economic risks, the BofA-ML fund manager survey for July found.
Fund managers turn most bearish since financial crisis, June BofA-ML survey finds
Global fund managers are at their most pessimistic since the Global Financial Crisis amid trade war concerns, the BofA-ML survey for June found.
BofA-ML: Fund managers well-hedged amid trade war fears
More than a third of fund managers have taken out hedges to protect against a sharp market fall over the next three months, the May BofA-ML fund manager survey found.
BofA-ML April survey: Fund managers add equity allocations as economic view turns less bearish
Global fund managers turned slightly less bearish in their economic outlook, spurring additions to their equity allocations, BofA-ML’s April survey found.
Keppel delivers world’s first EU Stage V dredger to meet emission standards
Keppel said Wednesday it delivered the world’s first EU Stage V dredger, which will meet the EU’s stricter emission standards for inland waterway vessels.
PSA, PFR and IFM to jointly buy Poland’s largest container terminal
PSA International, the Polish Development Fund and IFM Global Infrastructure Fund have tied up to acquire Poland’s largest container terminal.
Cash is king as fund managers remain bearish, BofA-ML February survey finds
Fund managers remained bearish, with cash overweights at their highest since the Global Financial Crisis, the BofA-ML February fund manager survey found.
BofA-ML October survey: Fund managers turn decidedly bearish on economy
Fund managers have turned decidedly bearish on the outlook for the global economy and for corporate profits, according to the Bank of America-Merrill Lynch’s October survey…
BofA-ML survey: Fund managers look bearish equities, but still eye US stocks
Fund managers are cutting their allocations to equities in general, but are piling into U.S. stocks in September, according to the Bank of America-Merrill Lynch…
BofA-ML fund manager July survey: Trade war biggest tail risk since EU debt crisis
A trade war is now seen as the biggest tail risk for markets since the 2012 European debt crisis and that could offer opportunities for…
Why an all-out trade war would hurt the US more than China
An “all-out” trade war between the U.S. and China would hit the U.S. harder as China will likely retaliate on multiple fronts and because of…
How badly will the global economy be hit if the trade war escalates? It’s big
Realizing recent tariff threats would pose a significant threat to world growth, potentially cutting global gross domestic product (GDP) by up to 0.4 percentage points…
Perma-bear Albert Edwards: US-China spat may be prelude to full-blown US-EU trade war
A potential trade war between the U.S. and the European Union is a far bigger threat than the risk of a full-scale trade war between…
Singapore market trends Friday: North Korea, G-7, trade war tensions on simmer
Singapore shares may end the week on the back foot after a technology selloff on Wall Street on Friday and amid signs off risk-off moves…
Singapore market trends Thursday: ECB hints on QE to boost sentiment
Singapore’s shares may open higher on Thursday amid positive cues from Wall Street overnight and from regional markets after the European Central Bank hinted it…
Ex-RBI chief Rajan: This is why the US trade war hasn’t sent markets tumbling
The Trump administration keeps upping the ante on its trade war threats, but markets haven’t reacted much. Raghuram Rajan, who was India’s central bank chief…
Singapore market trends Wednesday: Trade war, Italy concerns overshadow strong US data
Singapore’s shares will start trade on Wednesday with middling cues after a tech rally and strong jobs data in the U.S. failed to boost the…
Singapore pre-market Friday: Trade war heats up, dollar-sensitives likely in focus
Singapore shares were set to start the last trading session of the week on the back foot, with the Trump administration’s fresh salvos in its…
Why the pound sterling could be set for a recovery
The British pound could rise from its current cheap valuation, in part on the possibility of a smooth Brexit, Kit Juckes, head of foreign-exchange strategy…