Cambridge Weekly Update – 9th December 2019

Wobbly kick-off to Festive Season Capital markets have yet to enter into an early festive spirit. The first week of December made for a bad start in risk assets. As we have written before, expectations of future US-China trade relations are vital to market sentiment –...

Cambridge Weekly 5th August 2019

The Elephant and the Little Old Lady: A tale of two Central Banks It was the best of times, it was the worst of times. Dickens’ immortal line roughly sums up the differing actions of two of the world’s major central banks this week. In the US, the Federal Reserve...

Cambridge Weekly Update 29th July 2019

The quick and the not-so-quick It’s official: May is out and Boris is in. But despite the political changes this could bring, currency markets hardly reacted. £-sterling started the month at €1=£0.897, and remains at that level at the time of writing. It has weakened...

Cambridge Weekly Update 17th June 2019

Mixed messages After a good start, June has carried on in a positive way for investors. Over the past week stock markets consolidated their gains, while bond yields stopped falling. Following the rapid deterioration of US manufacturing data, a number of positive data...