Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect.
September 20, 2024
The Bank of England may sit out this month's interest rate cutting bonanza, but Thursday's meeting will still be meaningful, as it will throw a spotlight on the BoE's
September 18, 2024
If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn.
September 11, 2024
The stark divide between the performance of the U.S. manufacturing sector and the more dominant services sector is giving stock markets a headache at a critical moment.
September 06, 2024
The market's best guess is the European Central Bank won't step on the accelerator over the coming cycle - which is either way off beam or extremely worrying.
September 04, 2024
While there has been a lot of talk about the West's strategic decoupling from China's sputtering economy, Europe's direct trade links with Beijing have actually been
August 30, 2024
If Japan's government is thinking ahead, it may be planning to rein in its errant yen rather than propping it up.
August 16, 2024What looks like a financial market in disarray may instead just be normalization that will ultimately help insulate investment portfolios rather than sending them to
August 09, 2024
The Federal Reserve may be a bit late cutting interest rates, but it's not yet behind the curve in forestalling a U.S. recession.
August 07, 2024
Catch the cresting wave?
August 02, 2024Corporate credit markets shrugged off last week's equity wobble, setting aside any anxiety about the wider economy, allowing even low-rated firms to raise new debt with
July 31, 2024
Often the scariest thing in markets is a rout without a trigger. People are still unsure about the precise cause of the October 1987 crash, for example.
July 26, 2024
Corporate planners must have a headache as the U.S. political pendulum swings at its fastest rate since World War Two and the related policy churn may act as a drag on
July 24, 2024
First to hike, first to hit its inflation target - and the last to cut?
July 19, 2024
In all the hubbub about election uncertainty and the dash for the most lucrative financial trades to exploit it, creeping doubts about the resilience of the world
July 17, 2024
While investors are still scrambling to get on board the shiniest new mega-trends and what seems like a runaway stock market, a slower-moving juggernaut from the past
July 12, 2024
The remarkable thing about investor reaction to the UK's new Labour government is how much just a modicum of stability, consistency and competence is being richly
July 10, 2024
Some might wonder why it took so long, but the risk that this year's key elections exaggerate rather than rein in bloated public debt is finally seeing long-term
July 03, 2024
If the first cut is the deepest, timing will be everything.
January 17, 2024With fears of a U.S. recession wiped away and financial markets bulled up on the growth trajectory again, an immigration fillip is playing a key role - and may even
March 13, 2024The idea that the Federal Reserve's steep interest rate rises actually made U.S. inflation stickier has more merit than it first sounds - not least among U.S. central
April 12, 2024If greater political uncertainty necessarily begets higher financial volatility, world markets are still half asleep - but the alarm clock may be set nonetheless.
June 28, 2024
Thanks in part to former UK Prime Minister Liz Truss' singular contribution to financial stability two years ago, Britain is proving something of an exception among
June 26, 2024
Any sustained bet against French government debt can only hinge on a belief in the improbable end of the euro - even if the European Central Bank needs to walk a fine
June 21, 2024
SAIC Volkswagen says adjusting plant base "necessary"
Low brow and vulgar? Micro dramas shake up China's film industry, aim for Hollywood
Harris campaign reports spending nearly three times as much as Trump in August
Oktoberfest is open. The world’s largest folk festival begins after ceremonial keg-tapping
India's Manipur on high alert over influx of 900 militants from Myanmar
AI is helping shape the 2024 presidential race. But not in the way experts feared
The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out