Fx

Nomura, Asia’s global investment bank, today launched the “Nomura Nikkei 225 Euro-Hedged UCITS Exchange Traded Fund” and the “Nomura Nikkei 225 US Dollar-Hedged UCITS Exchange Traded Fund”. The ETFs are listed on the London Stock Exchange and will be available to investors in key European markets.

Salman Ahmed, LOIM’s Global Strategist, has commented on the Swiss National Bank’s policy update this morning. He discusses the implications for the Swiss currency and the wider impact on the eurozone economy.

According to John Chatfeild-Roberts, CIO of Jupiter Asset Management, over the past decade, we have seen several longer term trends play out, from swift urbanisation in developing nations to technological advances everywhere. Changes in currency trends have also had an impact on economies and stock markets, in particular the directional changes in the world’s reserve currency, the US dollar...

Risks to Russia’s economy in 2015 have been increased by this week’s extreme volatility in the rouble and the sharp rise in interest rates, Fitch Ratings says.

The recent sharp fall in the Russian rouble has added to pressures on Russian banks’ credit profiles, leaving some exposed, Fitch Ratings says. However, rouble risks should be manageable for most lenders, unless deposit dollarisation accelerates and the currency falls further.