GCC bonds can expect to benefit from sustained strong macroeconomic backdrop | The National:
"In line with the strength seen in the previous two months, certain risk assets – particularly equities – continued to perform strongly last month.
Developed-market equities were spurred by a stream of positive economic data from the United States as well as by the dovish tone struck by Janet Yellen, the expected successor to Ben Bernanke as chair of the US Federal Reserve. Renewed speculation about the Fed’s tapering of its monthly asset purchases started to affect benchmark rates, but the central bank continued to placate fears through its commitment to low rates.
European markets were helped by a cut in base rates early in the month and the European Central Bank’s determination to combat the risks associated with disinflation."
'via Blog this'
No comments:
Post a Comment