Nick Andrews
Europe Analyst
Nick has spent the last 12 years involved in trading, analyzing or writing about European markets and the global economy. At Morgan Stanley for seven years he divided his time between the interest rate swap and repo markets before returning to university to complete a masters in economics. During that time he also wrote for the Wall Street Journal covering fixed income markets. After graduating in 2011 from London's Birkbeck College, he worked for David Roche's investment consultancy, Independent Strategy, before joining Gavekal Research in 2013. Nick also has a degree in engineering from Edinburgh University.
For Nick's article archive click here.
The Daily
-
Gavekal Research
June 15, 2018
Europe Through Rose-Tinted Specs
If the European Central Bank had a dot plot, on Thursday it would have shifted downwards. The ECB’s dovishness stood in contrast with the Federal Reserve, which just a day earlier moved its own dot plot projection of future interest rates upwards.
0 -
Gavekal Research
June 12, 2018
Europe's Cyclical Blues
When they meet on Thursday, European Central Bank policymakers face a dilemma. As wage and price pressures rise across the eurozone, they are expected to outline an exit from quantitative easing policies. At the same time, growth indicators are weakening, raising the specter of a eurozone recovery (again) being cut off in its infancy.
-
Gavekal Research
May 28, 2018
Europe’s Italian And Turkish Troubles
On the face of it, the collapse on Sunday evening of attempts in Italy to form a coalition government comprising the populist and Euroskeptic Five Star and Lega parties should be good news for European assets and the euro, at least in the short term.
Ideas
-
Gavekal Research
May 18, 2018
A UK Consumer Reckoning
This week saw the release of moderately good news for the Brexit-bound UK economy, as wages rose the most in almost three years. With inflation moderating, real incomes have edged higher, giving hope that consumption can again fire up growth.
-
Gavekal Research
May 16, 2018
The Next Phase Of Eurozone Reform
During last year’s French presidential election, Emmanuel Macron opened a debate by asking “what do we want to do with the euro?” His answer was more political integration and burden sharing.
-
Gavekal Research
February 12, 2018
Five Ways To Play European Equities
After a traumatic couple of weeks in the equity markets, Nick and Cedric take this opportunity to revisit their longstanding advice that investors should overweight European mid-caps exposed to the eurozone’s cyclical upturn.