Wyn Thomas - Axys Investment Management

Quarterly Market Outlook Autumn 2018

REVIEW OF THE PAST QUARTER:

September revealed contrasting monetary policy announcements. The
Bank of Japan avoided tightening its interest rate and bond-buying policies,
maintaining both with a long-term view of meeting the 2 per cent inflation
target. In contrast, the Bank of England hiked rates and the US Federal
Reserve is expected to announce another round of rises. In addition,
Turkey’s Central Bank moved to raise interest rates, increasing them to 24
per cent to deal with ramping inflation rates and currency depreciation. Read more…