Apr 27, 2017 06:10 am UTC| Research & Analysis
Recovering steel prices and improved industrial output expected in the European Union are expected to boost producers profits over the next 12 months prompting a change in the outlook for the European steel sector to...
Fundamentals to watch out for this week
Apr 17, 2017 10:06 am UTC| Commentary Economy
This week is less risk heavy in terms of scheduled data and events, except for the upcoming French election. What to watch for over the coming days: Key economic data: Not many key economic dockets scheduled...
Fundamental Evaluation Series: Shiller PE and S&P500
Apr 04, 2017 10:06 am UTC| Commentary
Shiller PE is an important tool to measure fundamental valuation in stocks, which was explained by Robert Shiller in his book, Irrational Exuberance. It is based on price to earnings ratio that is calculated using average...
Fundamental Evaluation Series: S&P 500 valuation based on oil price
Mar 28, 2017 05:42 am UTC| Commentary
Defying pundits, the US benchmark stock index SP 500 rose sharply after the Republican candidate Donald Trump secured victory in the November 8th election. Despite the recent correction, the stock index is up by almost 10...
Fundamental Evaluation Series: Long-term yield spread vs. EUR/GBP
Feb 21, 2017 08:35 am UTC| Commentary
This chart shows the performance of EUR/GBP exchange rate in contrast to the performance of long-term yield divergence between 10-year German bund and 10-year UK gilt. During our evaluation period beginning August 2015, we...
Fundamental Evaluation Series: USD/CHF vs. yield divergence
Feb 21, 2017 08:00 am UTC| Commentary
During our evaluation period beginning 2012, the yield spread between the US 2-year bond and a Swiss equivalent has widened by almost 200 basis points but the exchange rate hasnt followed through as much as it should have...
Fundamental Evaluation Series: Yield spread vs. GBP/USD
Feb 21, 2017 07:31 am UTC| Commentary
The chart above shows, how the relationship between GBP/USD and 2-year yield divergence has unfolded since 2012. The cozy relationship between the yield spread and the exchange rate, in this case, is quite visible. Back...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do