TwentyFour Blog | Read | 2 min 8 Jun 2023 European consumers not expecting a hard landing What have we learnt from the ECB’s Consumer Expectations Survey? Felipe Villarroel discusses how latest changes in the consumer’s expectations of the economy reflect that the ECB’s monetary policy is actually working. Read more
TwentyFour Blog | Read | 4 min 1 Jun 2023 US debt - stuck in a vicious cycle In recent weeks the US debt ceiling has been dominating headlines with investors focused on the imminent threat of a US default which would be extremely unnerving for global markets. Johnathan Owen looks at the wider implications facing the US economy. Read more
TwentyFour Blog | Read | 4 min 30 May 2023 Blurred Lines There has been a noticeable pick up in the European ABS new issuance market this year, with demand far outstripping supply. John Lawler looks at what makes a UK RMBS deal ‘Prime’, and why not all deals are the same. Read more
TwentyFour Blog | Read | 3 min 26 May 2023 Stubborn inflation, cheaper gilts Following higher than expected inflation data in the UK, Gordon Shannon looks at the knock on effects within the Gilt market and the increased pressure on the Bank of England. Read more
TwentyFour Blog | Read | 3 min 25 May 2023 Fed minutes: A tale of two camps What do the release of the Fed minutes tell us about the forward path for monetary policy? Danny Zaid argues that for market participants looking for clarity, the minutes, provide more questions than answers. Read more
TwentyFour Blog | Read | 2 min 22 May 2023 Prime on the menu Last week saw three UK Prime RMBS deals served up to ABS investors, the most liquid part of the European ABS market. In our latest blog we hear from Douglas Charleston who analyses these recent deals and what it means for this market segment. Read more
TwentyFour Blog | Read | 2 min 18 May 2023 The EBA says a little and a lot Two months have now passed since the Swiss regulator’s decision to controversially write down Credit Suisse AT1s. Dillon Lancaster looks at possible European Banking Authority reforms and what it means for the sector? Read more
TwentyFour Blog | Read | 3 min 17 May 2023 US corporate earnings: On par As we come to the end of a much anticipated earnings season what are the key takeaways? Read more
TwentyFour Blog | Read | 3 min 16 May 2023 French CMBS deal repaid in full: A beacon of hope for struggling commercial real estate sector Given the current macro environment, Pauline Quirin believes loans with near term maturities provide a useful insight into where risk lie. Read more
TwentyFour Blog | Read | 2 min 11 May 2023 Reasons for optimism in the CPI report Yesterday’s CPI Report from the Fed gave reasons for optimism. Read Felipe Villarroel’s analysis of the report and what it could mean for the Fed’s uncomfortably long battle against inflation. Read more
TwentyFour Blog | Read | 2 min 9 May 2023 Financial conditions tighten further but could have been worse Following the publication of the Senior Loan Officer Opinion Survey, Felipe Villarroel highlights what caught our attention in the report and if it signals further tightening of financial conditions. Read more
TwentyFour Blog | Read | 2 min 4 May 2023 ECB’s bank lending survey shows a slowing economy but no crisis Following the release of the ECBs bank lending survey Felipe Villarroel looks at the response from the banking sector and the wider implications for credit conditions. Read more