AXA IM Select Updates

Uncertainties surround financial markets at every turn. Whether from the Ukraine crisis, a slowdown in China or more aggressive central bank policy. And as inflation soars and growth slows, the risk of contagion is rising. It’s little wonder the markets have taken a defensive turn. We look at how this uncertainty is playing out across different asset classes. And how our tactical asset allocation...

Central banks took the spotlight again, adding clarity to 2022 interest rate policy, as equity markets suffered a sixth successive week of losses. This week will bring further data on GDP growth and inflation for the major economies. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared wi...

Equity and bond markets remained volatile, as the US Federal Reserve raised interest rates by 50 basis points and lockdowns in China persisted. Inflation will top the agenda again this week, with data from the US and China likely to be closely analysed. Niall McDonnell CFA, Senior Investment Manager spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals,...

Equity markets took fright, as the US Federal Reserve adopted a more aggressive tone and Netflix shocked on subscriber numbers. This week brings a raft of data including US PCE inflation, the Fed’s target measure. Seamus Lyons CFA, Senior Investment Manager and Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professional...

As the year began, the world’s economies had a plan: normalise policy, head off inflation and allow growth to continue to recover. Then came the dual shock of war in Ukraine and soaring food and energy prices. Economies and markets are lurching from one unprecedented event to another. It’s been dubbed the ‘polycrisis’. How can central banks successfully keep ahead of rising inflation, while mainta...

The minutes of the US Federal Reserve’s March meeting revealed a determinedly hawkish stance on interest rates, despite growth concerns. This week US CPI inflation data could show a jump above 8% for March, while the French presidential election enters its final phase. Niall McDonnell CFA, Senior Investment Manager and Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Speci...

Equity markets continued to recover from recent falls, while bond markets flashed warning signals over economic growth. This week’s FOMC minutes will bring more detail on the US Fed’s recent interest rate hike, as well as PMI data from major European economies. Niall McDonnell CFA, Senior Investment Manager and Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. T...

Equity markets were mixed, while government bond markets expressed fears of rising inflation and tighter monetary policy. This week brings US non-farm payroll data, with a moderately strong month expected, as well as final PMI data from across the globe. Niall McDonnell CFA, Senior Investment Manager and Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This pod...

Equity markets rallied, as the US Federal Reserve raised interest rates and negotiations between Ukraine and Russia continued. This week, Flash PMI data from across the globe should provide a gauge of current economic activity. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared with a n...

As the hostilities in Ukraine escalated, energy markets were once more a focus, although the price of Brent crude settled back over the week. In the week ahead, we have the much anticipated March meeting of the US Federal Reserve, and it is widely expected that it will announce its first interest rate hike since 2018. This week Niall McDonnell and Alex Burn spoke to Louise Somers, Investment Speci...

Russia’s invasion of Ukraine triggered a wave of sanctions across the world. Financial markets have been rocked by sharply rising commodity prices, as well as the uncertain outcome of events. Rising prices push inflation higher and impact negatively on growth. Central banks now tread an increasingly narrow line, attempting to rein in higher prices while preserving the recovery. How will events cha...

Safe havens saw sustained buying interest, as commodity prices were pushed higher by Russia’s action in Ukraine. The ECB meeting this week could change policy expectations, in the light of events on Europe’s eastern borders. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared with a non-...

The Russian invasion of Ukraine caused volatility to spike to two year highs in risk markets, while safe haven assets such as gold and US Treasury bonds were in demand. This week the impact of global sanctions on Russia will be closely monitored, while on the macro front we expect a further strong advance in US non-farm payroll data. Seamus Lyons CFA, Senior Investment Manager and Alex Burn CFA, S...

Despite intense diplomatic efforts, Russia has launched an invasion of Ukraine. Uncertainty over the outcome will bring heightened volatility for financial markets. We cover the likely consequences in this update. Jaime Arguello, CIO of Architas, discusses what’s on his investment radar. And outlines our tactical asset allocation set against this outlook. Hosted by Lorna Denny, Investment Speciali...

As tensions remained high on the Ukrainian border, equity markets fell for a second consecutive week, while government bonds and the oil price steadied somewhat. This week brings CPI inflation data from Europe, as well as the Federal Reserve’s preferred target PCE inflation data in the US. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intende...

Markets were roiled once again by geopolitical tensions and inflation fears, as the price of oil touched seven year highs. This week brings further inflation data from around the globe. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared with a non-professional audience. This podcast is...

Markets were volatile once again, as uncertainty over the pace of interest rate rises combined with earnings shocks from the US tech sector. This week brings CPI inflation data from the US, as well as earnings reports from major consumer goods companies. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and...

Equity markets were rattled, as forecasts climbed to five Fed rate hikes for this year, before rallying on Friday. This week will culminate in US unemployment data, with no change expected from December’s 3.9%. Alex Burn CFA, Senior Investment Analyst spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared with a non-professional a...

Markets experienced growing volatility on fears of rising interest rates, as the Nasdaq briefly hit correction territory. This week’s Federal Reserve meeting will be closely analysed for clues as to monetary policy for this year. Alex Burn CFA and Pela Strataki CFA, Senior Investment Analysts spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and mu...

Inflation has hit multi decade highs, but is forecast to fall sharply this year. Will that fall be steady or bumpy? And how will central banks adjust their policy while keeping markets calm? These uncertainties could make 2022 a difficult year to navigate. We take a look at the implications for financial markets. Presented by Niall McDonnell CFA, Senior Investment Manager and Alex Burn CFA, Senior...

Financial markets struggled to find direction, as major data points on inflation, GDP and trade came in. This week the US banks’ sector will continue to kick off the Q4 reporting season. Alex Burn CFA and Pela Strataki CFA, Senior Investment Analysts spoke to Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared with a non-professional au...

Equity markets took fright at the more hawkish tone of the US Federal Reserve’s December minutes. Bond yields rose, and prices fell, in anticipation of a faster pace of interest rate hikes. This week the focus will switch to inflation data from the world’s major economies. This week Alex Burn CFA, Investment Manager spoke to Lorna Denny, Investment Specialist. This podcast is intended for investme...

Inflation has taken centre stage for investment markets, as prices have climbed to levels not seen for many decades. Central banks have been forced to re-evaluate their monetary stimulus, bringing ever closer the date when pandemic rescue packages will be put into reverse. Today we will discuss the likely timing of central bank policy normalisation, known as ‘liftoff’ of interest rates. Who will b...

Equity markets hit new peaks, despite strong inflation data in the US and China, as expert opinion provided reassurance on the Omicron variant. This week central bank meetings will be in focus and the US Federal Reserve’s press conference will be closely analysed for a change in rhetoric on interest rate policy. This week Seamus Lyons CFA, Senior Investment Manager spoke to Lorna Denny, Investment...

Equity markets were rattled by fears of lower growth and ever higher prices, due to the new Omicron variant of Covid-19, while government bond markets proved a safe haven. This week all eyes will be on US CPI inflation data, as well as developments in the spread of the Omicron variant. This week Niall McDonnell CFA, Senior Investment Manager spoke to Lorna Denny, Investment Specialist. This podcas...