Global weekly: In or out? 10 July 2015
The crisis in Greece and a severe correction in China weighed on equity markets this week. Credit spreads for peripheral eurozone government bonds increased, but later declined, as Greece's problems remain contained.
The result of the Greek referendum on Sunday is crucial. A Yes vote would revive talks between Greece and its creditors, while a No vote would further increase the chances of an eventual exit by Greece from the euro.
With an end-of-the-month deadline looming for Greece’s refinancing, markets were uncertain this week. In the US, the Federal Reserve looks to be on track for rate hikes beginning in September.
Global weekly: Greece in firing line 12 June 2015
Sentiment is currently hurt by fears of a Greek exit, rising bond yields and increasing volatility in foreign exchange markets. These developments should, however, not challenge the economic recovery scenario or earnings fundamentals.
Bond volatility: here to stay? 05 June 2015
Bond markets dropped this week, fuelled by ECB President Mario Draghi’s remark that bond investors should get used to periods of higher volatility. Bond yields, moving inversely to bond prices, surged. Equity markets fell, most notably in Europe, as the showdown between Greece and its creditors appeared to be far from over.
Global weekly: Mindful moves 29 May 2015
After remarkable performance in the first half of the year, investment prospects remain positive. We expect equities to continue to outperform cash and bonds, with a preference for Europe and emerging markets Asia. The ABN AMRO Private Banking Mid-Year Investment Outlook, Mindful Moves, that was released this week, provides more details on what we expect for the next six months and beyond.
Mid-Year Investment Outlook 2015: Mindful moves 27 May 2015
As the rally in equity markets matures and bond yields tumble, the case for diversification increases. ABN AMRO Private Banking advises staying active as the recovery progresses and remaining aware of the benefits of diversification to reduce risk.
Possible IPO of ABN AMRO 22 May 2015
The Dutch Minister of Finance has informed Parliament that he believes ABN AMRO is ready to start the next stage of preparations for a possible IPO.
Global weekly: Strong fundamentals 15 May 2015
Bond markets and equity markets, especially in Europe, continued to be volatile this week. We believe this volatility is temporary, as economic fundamentals remain strong.
ABN AMRO reports EUR 543 million underlying net profit for Q1 2015.