Showing 1 - 10 of 18
The yen strikes back
Business, SCB-Julius Baer Securities, Published on 24/08/2024
» The Chicago Board Options Exchange Volatility Index, which measures volatility on the S&P 500 index, rose to an intra-day high of 66% on Aug 5.
Inflation and the economy: a delicate balancing act
Business, SCB Securities, Published on 27/08/2022
» When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman Jerome Powell — could set the tone for months to come.
Beware the global ripple effect from Fed rate hike
Business, SCB Securities, Published on 25/06/2022
» At its June 14-15 meeting, the Federal Reserve decided to hike its Fed Funds Rate by 75 basis points, the largest single hike since 1994, to 1.5-1.75% in order to tame inflation.
Mapping the global economy in the second half
Business, SCB Securities, Published on 28/05/2022
» Entering the second half of the year, financial market risks are becoming more apparent. Investors believe the risk of recession is increasing, resulting in volatile financial markets. We believe there are five major risks associated with five economic areas, as follows:
Global economy: Back to the Valley of Death
Business, SCB Securities, Published on 23/04/2022
» Since the global economic crisis that originated in the United States 14 years ago, the world economy has faced regular bouts of volatility. Massive capital injections helped the US economy recover from the initial shock in 2008, but also pushed other economies with structural problems, including some in Europe, into sovereign debt crises.
US monetary policy: The origin of the next crisis
Business, SCB Securities, Published on 26/03/2022
» Financial markets increasingly expect that the US economy, and the global economy in general, will enter a recession in the next 12 months, as the Russian invasion of Ukraine pushes the price of commodities, especially energy, upward.
Ukraine: War, oil, inflation and monetary policy
Business, SCB Securities, Published on 26/02/2022
» The hottest topic in the economic and investment world today is the war between Russia and Ukraine, following Russian President Vladimir Putin's decision to launch a full-scale invasion of the neighbouring country on Thursday. As the conflict is escalating quickly, we will consider the possibility of a full-blown war in which Russian and NATO forces would fight, impacts on the economy, inflation and global monetary policy.
Fed may not be as hawkish as it seems
Business, SCB Securities, Published on 29/01/2022
» Since the beginning of this year, global financial markets have been very depressed. Major stock indices around the world have fallen by 5-10% amid higher investment risks derived from three factors:
Omicron and Fed tapering depress global outlook
Business, SCB Securities, Published on 25/12/2021
» In our previous article published at the end of November, we projected 2022 would be the year of normalisation, with the gradual return of the world economy to reality.
Global economy 2022: the year of normalisation
Business, SCB Securities, Published on 27/11/2021
» As we head into the final stretch of the year, our eyes are on next year's economic and investment landscape. If we compare current conditions with those of this time last year, we will see a clearly different picture.