By
John Welch
July 29, 2021
In: Hive Exclusives |
EM
Monetary Policy & Inflation
US
July 29, 2021
The current inflation surge continues to attract attention. Fed Chair Jerome Powell insists that the surge is ‘transitory’, emanating…
By
Mirza Baig
July 29, 2021
In: Hive Exclusives |
China
FX
July 29, 2021
China’s tech stocks were hammered this month after a sweeping, multi-pronged crackdown by Chinese regulators…
By
Bilal Hafeez
Ben Ford
July 27, 2021
In: Hive Exclusives |
COVID-19
Economics
July 27, 2021
All eyes are on the UK’s surging number of new COVID cases. The current seven-day average is just under 40,000, but it reached as…
By
Jon Turek
July 26, 2021
In: Hive Exclusives |
Monetary Policy & Inflation
US
July 26, 2021
Following the recent bond market rally, there is an interesting disconnect between market pricing and market narrative. The market…
By
John Tierney
July 23, 2021
In: Hive Exclusives |
ESG & Climate Change
July 23, 2021
Most immediately, all 27 EU countries must agree to and sign off on this plan, which could take over two years. There are already…
By
Caroline Grady
July 22, 2021
In: Hive Exclusives |
Monetary Policy & Inflation
July 22, 2021
The ECB’s first meeting post strategy review produced no policy surprises. The central bank adjusted forward guidance on interest rates…
By
Dominique Dwor-Frecaut
July 22, 2021
In: Hive Exclusives |
COVID-19
US
July 22, 2021
In March 2020, financial markets priced a dire pandemic economic path, with the SPX and 10-year yields falling to their lowest level since…
By
Bilal Hafeez
July 22, 2021
In: Hive Exclusives |
Markets and Investing
July 22, 2021
This is an edited transcript of our podcast episode with Josef Ackermann, the former chairman of the management board and the group…
By
Diana Ayala
July 20, 2021
In: Hive Exclusives |
Monetary Policy & Inflation
Rates
July 20, 2021
On 24 June, Banxico surprised the market with a monetary policy rate increase of 25bps. As the communique and meeting minutes noted, most…
By
John Welch
July 19, 2021
In: Hive Exclusives |
COVID-19
Economics
Monetary Policy & Inflation
July 19, 2021
Local and international press paint Brazil in the throes of never-ending crises, between COVID-19, spiralling fiscal deficits and debt, and a struggling recovery…
By
Bilal Hafeez
Ben Ford
July 16, 2021
In: Hive Exclusives |
Economics
July 16, 2021
Following our last piece exploring the relationship between box office numbers and the post-Covid re-opening and return to normality…
By
John Tierney
July 16, 2021
In: Hive Exclusives |
ESG & Climate Change
July 16, 2021
Climate scientists have much to tell us about the quantity of greenhouse gases being emitted annually, and how it has affected…
By
Dominique Dwor-Frecaut
July 15, 2021
In: Hive Exclusives |
Fiscal Policy & Inequality
US
July 15, 2021
In FY2022, assuming no change to current budget laws, the budget deficit would fall to 4.7% from 13.4% in FY2021. While current budget…
By
Bilal Hafeez
July 15, 2021
In: Hive Exclusives |
Monetary Policy & Inflation
July 15, 2021
Headline US CPI inflation reached 5.4% in June and many are seeing this as sign of a new higher inflation regime. However, all the signs…
By
Bilal Hafeez
July 12, 2021
In: Hive Exclusives |
UK
July 12, 2021
‘Football’s coming home’ was the anthem for England fans throughout the Euro 2020 football tournament. All the omens were positive…
By
Bilal Hafeez
July 12, 2021
In: Hive Exclusives |
Bitcoin & Crypto
July 12, 2021
This is an edited transcript of our podcast episode with commodities expert and top macro strategist John Butler. We discussed stagflation…
By
Dominique Dwor-Frecaut
July 08, 2021
In: Hive Exclusives |
Labour Market & Inequality
US
July 08, 2021
I believe the recent drop in yields, including on the curve’s short end, reflects sliding growth and inflation prospects. In this note…
By
Dominique Dwor-Frecaut
July 06, 2021
In: Hive Exclusives |
Labour Market & Inequality
US
July 06, 2021
The Fed expects a strong employment recovery in autumn, for example, NFPs around 1mn. This is because it believes supply factors alone…
By
John Tierney
July 05, 2021
In: Hive Exclusives |
ESG & Climate Change
July 05, 2021
The enormous jump in carbon over the past century is what has triggered concerns about the potential for global warming well over 2°C if we…
By
Santiago Gomez
July 02, 2021
In: Hive Exclusives |
Emerging Markets
July 02, 2021
Colombia’s fiscal vulnerability stems from its low savings rate, which restrains investment, and hinders competitiveness. Months of…
By
Dominique Dwor-Frecaut
July 01, 2021
In: Hive Exclusives |
Europe
Politics
July 01, 2021
France’s regional elections took place on 20 and 27 June to elect regional councils for a six-year term. These councils have no…
By
Bilal Hafeez
June 29, 2021
In: Hive Exclusives |
Monetary Policy & Inflation
June 29, 2021
This is an edited transcript of our podcast episode with Charles Goodhart CBE, Emeritus Professor of Banking and Finance at the LSE…
By
Bilal Hafeez
June 29, 2021
In: Hive Exclusives |
Monetary Policy & Inflation
June 29, 2021
Will we see deflation in the US in 2022US headline CPI inflation is currently running at 5% and many, including the Fed, are fearing the return of high inflation. Markets are…
By
John Tierney
June 28, 2021
In: Hive Exclusives |
Economic Growth
ESG & Climate Change
June 28, 2021
This is the first instalment in a series on global warming and climate change.We review basic facts about how the global environment and…
By
Angela Xu
June 25, 2021
In: Hive Exclusives |
Commodities
June 25, 2021
Mongolia is leveraged to mineral exports and exposed to the commodities boom.It also holds lower-cost brine lithium reserves currently…
By
Dominique Dwor-Frecaut
June 24, 2021
In: Hive Exclusives |
Economics
US
June 24, 2021
M2 velocity has collapsed, but the increase in M2 has aligned with that in other financial assets.The Fed’s response to the pandemic has…
By
Caroline Grady
June 24, 2021
In: Hive Exclusives |
EM
Monetary Policy & Inflation
June 24, 2021
Back in March, we wrote about who might hike interest rates next after the initial three central banks. We listed the Czech Republic, the…
By
Jay Pelosky
June 22, 2021
In: Hive Exclusives |
Global
US
June 22, 2021
You usually see stars when you get punched in the head. But it is 2021, and all things are possible, so the punch in the belly…
