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Market Insights

In Search of Normal

What are normal interest rates that many central banks may aim to achieve over the next year or two now that global economic growth is reasonably well entrenched and needs no special support from super-low interest rates? Is this even a relevant question given that... Read more...

Tightening Squeeze

Interest rates are drifting higher led by economic developments in the United States and China. In Australia too, bank lending interest rates have started to move up and may continue to do so, even though there are no signs of untoward lift in inflation or a lift in... Read more...

Market Drivers

Risk assets were stronger in February despite the occasional soft patch driven mostly by periodic uncertainty about President Trump’s policy program. More signs of stronger economic growth, especially in the United States, kept the reflation trade alive. Also,... Read more...