Markets Explained

Jobs soft, oil flows improving but the bond market is still not happy

The US labour market could have added fuel to the bond market fire last week, but in fact it still looks broadly stuck in a ‘no hire, no fire’ pattern. With more and more

Oil up, bond yields up, yet equities up too

On this week’s podcast, Hugh and Karen discuss the latest developments in the oil markets, including talk of diesel export curbs. They also highlight why the rise in bond

The bond market is judge, jury and (sometimes) executioner

In this podcast, Hugh and Karen pick up on the latest political headlines from both Germany and the Middle East. They remind us why the economic implications are often fa

Oil, inflation, and unhappy bond markets

Lots to discuss again this week, with conflict raging on in the Middle East, central banks under pressure to raise rates and bond markets still unsettled.

Will the Budget walk the walk?

In this week's podcast, Karen and Hugh discuss the latest flurry of economic news which suggests the global economy is weathering the barrage of shocks thrown at it. They

Why bond yields are rising

Bond markets are off to a bumpy start in September with government borrowing costs rising sharply around the globe. In this week’s podcast, Karen and Hugh break down what

Bond intervention

This week, Karen and Hugh discuss recent strong economic data and lingering inflation concerns that are pushing up bond yields. They then delve into what to make of the b

A global earnings knockout

The market is wrapping up a stellar earnings season with growth broadening by geography and sector. No wonder markets keep hitting all-time highs. Karen and Hugh break do

It’s a good time to invest

In this week’s episode, Karen and Hugh reflect on the outlook for inflation and the Middle East, what the earnings season tells us about the broadening of opportunities,

Where is the interest rate outlook mispriced by markets?

Following a busy week for central banks, Hugh was joined by Iain Stealey, International CIO for Global Fixed Income, Currency and Commodities, to dissect the recent rate

Central banks talk tough

It’s a big week for central banks, with the Federal Reserve, Bank of England and Bank of Japan all meeting. Karen and Hugh expect policymakers to talk tough as they seek

What new prime minister Andy Burnham means for UK stocks

This week Hugh was joined by another special guest – Callum Abbot, UK equity portfolio manager and Head of Systematic Active Core Strategies – to discuss last week’s earn

Earnings season is here: What investors need to know

In this week’s podcast, Hugh welcomed a special guest – Sam Witherow, Head of Global Equity Income Strategies – to tackle re-escalating tensions in the Middle East, the m

A true underdog story – European stocks

In this week’s podcast, Karen and Hugh discuss what the market likes about last week’s US payrolls report and delve into why the surge in the DAX is feeding Karen’s optim

Diversifying tech volatility

With the market having a bit of a tech wobble last week, we talk about how to make sure portfolios aren’t too vulnerable to AI bumps. We also look ahead to US payrolls an

Oil, the Fed and Starmer

Another busy week ahead as investors continue to digest the outlook for oil prices and broader markets following prospects of a deal between the US and Iran. New Federal

What the US-Iran deal means for markets

In this episode Karen is joined by Iain Stealey, International CIO, Global Fixed Income, Currency and Commodities, to discuss the deal between the US and Iran and explore

Maybe the US is too hot for Kevin Warsh to handle: Inflation, interest rates and the Fed

In this podcast, Karen and Hugh outline why the US payrolls report was looking a bit too hot last week and why this week’s inflation print will be critical ahead of the F

A goldilocks US jobs report expected

While a concrete deal between the US and Iran remains elusive, the market is hopeful that the Strait will at least partially re-open while talks continue. Investors will

Hopes of a deal in Iran calms bond markets

In this week’s podcast Karen and Hugh discuss the latest developments in the negotiations between the US and Iran, some feedback from J. P. Morgan Asset Management’s glob