Pegasus Capital

A View from the Bridge - July 2017

The primary driver of the recent rise in UK swap rates has been a more hawkish tilt from certain members of the Bank of England’s monetary policy committee. This has been predicated on more recent inflation outturns coming in above levels anticipated when the BOE last published its quarterly inflation forecasts in early May and that CPI will rise above the 3% level in the coming months before moderating as past effects of foreign exchange rate weakness work their way through the economy.

PegasusCapital - Thu 3rd Aug

A View from the Bridge - May 2017

The use of “gunboat diplomacy” in Asia by a world superpower, first witnessed in the 1840’s, is back at the forefront of international relations as the US President sends a naval strike group towards the Korean peninsula.

PegasusCapital - Tue 2nd May

A View from the Bridge - March 2017

They say that breaking up is hard to do but it doesn’t always need to be messy and depends on both sides willingness to cooperate in their common interests. With Article 50 having been triggered it’s clear that the EU wants to focus on a sequential process and the UK on considering all aspects of withdrawing from the EU in parallel.

PegasusCapital - Mon 3rd Apr

A View from the Bridge - February 2017

So, the fingers are on the triggers and we are ready, steady and all set to go with the UK about to trigger Article 50 and the US Fed set to trigger the next interest rate rise. What that could mean for both economies will clearly play itself out over the coming months and years but there are already signs of divergence in the outlook for both.

PegasusCapital - Thu 2nd Mar

A View from the Bridge - January 2017

A new year and a new political landscape is dawning. The consequences of electing Donald Trump as President, voting for Brexit and the elections in Europe will undoubtedly take centre stage this year. As usual we will try and avoid the “fake news” and the spin doctors and concentrate on the fiscal reality!

PegasusCapital - Fri 10th Feb

A View from the Bridge - July 2017

The primary driver of the recent rise in UK swap rates has been a more hawkish tilt from certain members of the Bank of England’s monetary policy committee. This has been predicated on more recent inflation outturns coming in above levels anticipated when the BOE last published its quarterly inflation forecasts in early May and that CPI will rise above the 3% level in the coming months before moderating as past effects of foreign exchange rate weakness work their way through the economy.

PegasusCapital - Thu 3rd Aug