Colin Lloyd

India announced a reformist budget, short on detail but market friendly The PBoC cut interest rates again but are still behind the curve Chinese and Indian Real-Estate prices continue to decline in...

Industrial commodities continue to weaken The BoC and RBA have cut official rates in response to falling inflation and slower growth The RBA has more room to manoeuvre in cutting rates, Australian...

Growth in oil demand remains anaemic Supply will gradually fall as contracts expire Consolidation and declining volatility are the most likely outcome The price of crude oil has rebounded strongly...

The SNB unpegged from the Euro and sustained balance sheet losses, they will survive The Euro has been helped lower but rumours of a new SNB target are rife The long run appreciation of the Swiss...

Unlike major Eurozone bond markets, UK 10 year Gilts have yet to make new highs The FTSE has lagged both the S&P500 and the DAX Sterling continues to appreciate against the Euro, but decline...

Greece, Germany and the ECB and what it means for Bonds, Stocks and the Euro Macro Letter – No 27 – 9-1-2015 Greek elections this month have rekindled concern about the future of the...