2019 has been a stellar year for global bond markets, as weak global economic growth and low inflation have combined with ever more accommodative central banks to push global bond yields significantly lower.
Could 2019's markets see a repeat of Wall Street in 1929?
European equity markets have struggled to perform since the start of 2018 owing to the relaunch of trade wars by US President Trump, coupled with uncertainty surrounding Brexit.
Range will be rolled out over next six months
Bonds go down when equities go up, is the common perceived wisdom among investors.
If you had not been paying attention to financial markets for quite a few years and then – from this position of naivety – had looked at the eurozone, your likely conclusion would be that the region's equity bourses were offering tremendous value.
Europe faces several challenges, specifically German manufacturing, trade wars and Italian budgetary pressures.
Europe's run of poor manufacturing and trade data continued in June.
Proposals for new 'mini-BOTs' mooted
EU to open an Excessive Deficit Procedure for Italy