Tag Archives: foreign exchange

If you are stockpiling ahead of Brexit, you need to stop

I know the chances of anyone paying attention to this article are slim, but it’s worth putting it out there nevertheless. If you are stockpiling to prepare for Brexit, as it increasingly is the fashion, you need to stop. You are doing yourself and the others around you more harm than good.

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Europe’s year of change depends on its voters

Beyond the depressing, backward-looking policies that the Brexit vote and the election of Donald Trump as US president seem to have brought, there is a ray of hope.

People elsewhere in Europe, seeing the first ugly consequences of populism, might find enough motivation to go to the polls in elections just to try to keep populists out of government. I am talking about the decent people who are tired of politicians but aren’t seduced by the populists’ siren calls.

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The rotation out of bonds into equities continues

Equities were the big winners of the past week in terms of capital flows, while investment grade bonds continued to haemorrhage funds.

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Sentiment on the brink of a ‘buy’ signal in oversold market

Stocks were technically oversold, and sentiment was on the brink of a “buy” signal last week, when at the same time there were weekly inflows into European, US and Japanese equities, according to flows data.

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Greece was seen as a ‘buy the dip’ case last week

Capital flows data show that Greece was seen as a “buy the dip” opportunity in Europe last week, before the results of a referendum on the eurozone bailout offer were known.

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Grexit risk causes bond exit – the bond bubble is deflating

Money shifted from bonds into equities for the second week running as the Greek debt crisis deepened, in what may be the beginning of the end for the decades-old bond bubble.

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Investment grade bonds see first outflows in 78 weeks

The first outflows in 78 weeks from investment grade bonds show how bad the “bond massacre” has been, according to a report about the most recent capital flows from Bank of America Merrill Lynch.

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A ‘bond massacre’ before the Fed hikes interest rates

Capital flows showed a “bond massacre” is underway, with the largest weekly outflow from bond funds in 18 months, according to Bank of America Merrill Lynch.

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Sentiment right in the middle between bullish and bearish

Equities saw their largest inflows in 11 weeks in the week that ended on June 3, with the contrarian “buy” signal triggered in early January still in place, data from Bank of America Merrill Lynch showed.

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European equities get inflows after best earnings in years

Capital flowed back into stocks last week, with European equities the favourite destination in the developed world, after posting their best earnings season in years.

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