Invesco Canada blog

Insights, commentary and investing expertise

Market review: Pressures mount on equity markets


Global Market Strategist, Invesco Ltd.
August 22, 2017

Subject | Institutional | Invesco | Macro views

Global stocks were relatively flat last week. However, U.S. stocks fell for the second week in a row.1 Fear was in the air for U.S. capital markets, with the VIX volatility index up and the U.S. 10-year Treasury yield still low. The standout last week was emerging-market stocks.

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Three reasons why we’re bullish on Brazil


Senior Portfolio Manager, Invesco Ltd.
August 17, 2017

Subject | Active management | Institutional | Invesco

Just as Brazil seemed to be recovering from its worst recession in history, it took another hit last May. A secret recording surfaced of President Michel Temer allegedly discussing a scheme to pay hush money to jailed former speaker of the lower house, Eduardo Cunha.

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Halftime: Mid-year global market outlook


Senior Portfolio Manager, Invesco Ltd.
August 11, 2017

Subject | Active management | Institutional | Invesco

In the aftermath of a tumultuous 2016, much discussion has centred around the equity outlook for 2017 and beyond. In fact, the second quarter saw continued strong performance from global markets, though in our view, the long-term earnings outlook remains murky. As we enter the second half of the year, Invesco’s International and Global Growth team assesses global equity performance to date through our EQV (earnings, quality and valuation) lens to identify the key areas to watch – along with potential growth opportunities.

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Market review: Between a rock and a hard place in the U.K.


Global Market Strategist, Invesco Ltd.
August 9, 2017

Subject | Institutional | Invesco | Macro views

Last week, the Bank of England (BoE) opted to keep its key short-term bank lending rate unchanged at 0.25% by a vote of 6-2. The BoE’s Monetary Policy Committee is keeping interest rates ultra low because of concerns that the United Kingdom (U.K.) economy is too weak to accommodate higher borrowing costs. It may seem surprising that the BoE is so concerned about the economy, given that the U.K. has very low unemployment; the current rate is 4.5% – the lowest rate in years.1 That may seem doubly surprising, given that inflation has been rising and could likely be nipped in the bud through higher rates.

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Interest-rate outlook: Long-term U.S. rates now more dependent on global monetary policy


Senior Portfolio Manager, Head of North America Rates, Invesco Fixed Income†
August 8, 2017

Subject | Active management | Institutional | Invesco | Invesco Fixed Income (IFI)

After hitting lows for the year in June, 10-year government bond yields rose to a two-year high of 1.89% in July,1 as the Bank of Canada (BoC) unsurprisingly increased its benchmark rate from 0.50% to 0.75%.2 The accompanying statement was upbeat as well, brushing off softer inflation numbers as temporary. The BoC’s optimism will probably keep the possibility of another rate hike alive at each of its upcoming meetings. We expect interest rates in Canada to rise from current levels, but we are looking for signs that rates may have topped out in the short term.

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