The high level data shows some interesting numbers that might help correct concern from media reports suggesting Help to Buy is contributing to a growing housing bubble. Halifax’s first 1,000 mortgage
Mark Holman
Posts from Mark Holman
Prolonged emerging market weakness could derail West
The surprise performer with a day left in the month has turned out to be US Treasuries and other highly correlated “risk off” rates products. The 10 year UST began
What to expect from the Fed on QE tapering
Markets have been reacting unconventionally to data releases for a while now, where a positive economic print has been taken badly by the market as the likelihood of earlier tapering
Viewpoint: Bank is running the gauntlet on inflation
Currently inflation is very much under control and in fact enjoyed a surprise downward move, with October’s CPI moving from 2.7% down to 2.2%. Additionally, Mr Carney claimed that the
What to expect from Co-op on Monday
We have spent a considerable amount of time ahead of this announcement debating the likely outcome for bondholders particularly in light of the recent changes to the Co-op Bank’s initial
Europe: Ireland and Portugal are the ones to watch
It has been interesting to follow how the austerity stance has continued to soften, especially since the European Central Bank put its weight behind markets with its (as yet untested)
Viewpoint: Europe’s stability threatened by banking authority
The EBA announced that in the forthcoming bank stress tests it would be penalising those banks which continue to rely on the existing long term refinancing operation (LTRO) – the
Fed tapering – what’s the likely outcome?
What we do know for sure is that at 19.00 BST there will be an announcement from the Federal Reserve on rate policy and asset purchases. This will be followed
Viewpoint: Spike in European corporate defaults
It reported a total of 10 speculative grade defaults during the period totalling €8.7bn, compared to the 12 company defaults in Q1 totalling €2.4bn of debt. However, as it is
Viewpoint: US tapering not fully priced into markets yet
The big event is the Federal Reserve Bank’s open market committee meeting which concludes on 18 September. Since Fed chairman Ben Bernanke first introduced the concept of tapering, the Fed’s