News & Research

Olivier D’Assier, Head of Applied Research, APAC, Qontigo goes onto discussing the outlook for the yen and how that may impact the Japanese equity market.

Vonnie Quinn & Kailey Leinz bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackle the August jobs report, Tesla’s big discount and China ramps up its campaign to boost currency. One of the guests today: Melissa Brown of Qontigo.

A third straight month of slower jobs growth and an uptick in the unemployment rate keeps the Fed on track to leave interest rates unchanged. “The market has been anticipating a soft, or no, landing for quite some time, so today’s mixed, but mainly as-expected jobs report has probably already been factored into stock prices.” – Melissa Brown, managing director of applied research at Qontigo, a Deutsche Boerse-owned global index provider

Melissa Brown, global head of applied research at Qontigo, joins BNN Bloomberg to discuss her views on the market]. Brown says there is high volatility in the technology sector and adds it remains expensive. Furthermore, Brown adds that moving into cash or shorter term bonds might justifiable given high valuations.

Olivier d’Assier, Head of Applied Research of APAC at Qontigo tells Nitin Dialdas that the Japanese and Indian markets are the beneficiaries of the ongoing deglobalisation. Nick Marro, Lead for Global Trade & Analyst of Asia and Access China at The Economist Intelligence Unit, says deglobalisation is an adjustment rather than a retreat from the investor point of view.

“If consumers are still spending, that is good for the economy, but it does suggest that the Fed will continue on its tightening course, which ultimately may not be good for equity markets,” said Melissa Brown, global head of applied research at Qontigo. “On the other hand, if the consumer isn’t spending enough in the view of the market, that could also be a signal that this recession that the yield curve has been forecasting for a year now may be closer than we think.”

“One could say that Treasury yields are simply returning to their natural equilibrium,” said Christoph Schon, the U.K.-based senior principal of applied research at Qontigo, a financial analytics and index provider. A nominal 10-year yield of 4.3% “seems appropriate” when considering current inflation expectations and where Treasury rates have historically traded.

This quarter, it seems that even when a company’s quarterly earnings report beats analyst expectations, its stock still trades lower. Qontigo Managing Director of Applied Research Melissa Brown says investors seem to have “bought on the rumor and are now selling on the news.”

Melissa Brown, Managing Director of Applied Research at Qontigo, says that “one thing that stands out” this quarter is that shares of companies with strong profit margins are doing better than their less profitable counterparts – which is the reverse of what occurred last quarter.

In a recent Reuters Markets Now interview, Melissa Brown, Global Head of Applied Research, shares this could be attributed to investors’ lack of concern over losses, or that investors aren’t sure what to do because of so much uncertainty in the market.

Melissa Brown, Managing Director of Applied Research at Qontigo, offers her thoughts on why several companies this earnings season saw their shares drop shortly after delivering strong quarterly results.

Olivier d’Assier, head of APAC applied research at Qontigo, discusses what’s driving Japan’s recent market rally and the timing of a possible Bank of Japan intervention on the yen. He speaks with Bloomberg’s Paul Allen and Shery Ahn on “Bloomberg Daybreak: Asia.”