Oil prices down, credit downgrades up.
Our fixed income team provide their weekly snapshot of market events.
Social bond market responds to the coronavirus crisis
The coronavirus outbreak is a social issue that threatens the well-being of the world’s population. With ther ICMA Social Bond Principles published in 2017, the past few years has seen the bond market develop products that address social issues, with $59 billion issued to date. It therefore stands ready to support the financing of projects aimed at addressing the Covid-19 threat.
Coronavirus: research, research, research…
At Columbia Threadneedle Investments, our team of 180 analysts and research associates is dedicated to original, independent research. Working collaboratively across all major asset classes our teams utilize big data and analytics, such as machine learning and augmented intelligence, to turn information into forward-looking insights that add real value to investment decisions, enabling consistent and replicable outcomes for our clients.
Market Monitor – 17 April 2020
The coronavirus-powered global stock market rollercoaster has shown no sign of returning to normal over the Easter period. Indices all over the world continue to fluctuate in the face of terrible economic news and forecasts, as well as ongoing uncertainty.
Market Monitor – 6 April 2020
Stock markets around the world have slipped back to some extent over recent days, but have largely managed to hold on to the solid gains they clawed back last week.
Market Monitor – 30 March 2020
Although a huge amount of uncertainty remains about the potential duration and intensity of the coronavirus pandemic – and its knock-on effects on the world economy – global stock markets bounced back strongly last week.
Market Monitor – 23 March 2020
Wall Street was the most notable loser among global stock markets last week, with both the Dow Jones Industrial Average and S&P 500 indices recording their worst seven-day performance since the depths of the financial crisis in 2008.
Previously unthinkable
Our fixed income team provide their weekly snapshot of market events.
Coronavirus: Earthquakes, aftershocks and recovery
Aftershocks are a frequent and disruptive result of an earthquake caused by the displacement effects of the main shock. While alarming themselves, they are often a reasonably predictable outcome of the main event. Large earthquakes can have hundreds of aftershocks. While there are familiar patterns to the distribution and magnitude of aftershocks, there can be surprises. However, they typically tend to decline in magnitude and frequency with time.
Even lower for possibly longer
In a rare inter-meeting policy move on 3 March, the Federal Reserve Board Open Market Committee (FOMC) announced a 50 basis point rate cut in the Federal funds rate in an effort to mitigate the economic and market impacts of the novel coronavirus.
