Economics

The US dollar continues to consolidate after last week's gains amid greater confidence that the Federal Reserve will likely raise rates next month.  Similarly, after a steep sell-off, major bond markets are recovering today, partly in the face of a...

Sino–Japanese relations have not yet escaped from their most difficult period since the normalisation of diplomatic relations. Historical and territorial issues mean that mutual perceptions between these two Asian powers are still in the doldrums. In the context of a...

One-third of the IMF’s funding will evaporate over the next two years as bilateral loans negotiated in 2012 start to expire. This is a major problem. In a global economy fraught within downside risks, the global financial safety net —...

The G20’s tenth summit in Antalya, Turkey on 15–16 November 2015 promises to be a significant success. It will promote more inclusive growth through support for youth employment, small and medium enterprises (SMEs) and women’s empowerment. It will increase investment...

The sharp US dollar rally in response to the unequivocally strong jobs data left short-term technical indicators a bit over-extended and the consolidative tone now is not unexpected.  The dollar's pullback is minor, and it did manage to extend its...

Indonesian President Joko Widodo (Jokowi) visited China twice in his first year of presidency alone. In contrast, he made his first state visit to the United States only in October 2015. However, although Sino–Indonesian relations are currently strengthening, economic, and...

The combination of the unequivocally strong US jobs report and the contrasting unexpected decline in German factory orders and industrial production reported last week sets the broad investment framework for the period ahead. The combination of the unequivocally strong US...

The US dollar and yields surged as the divergence meme, increasingly doubted, returned with a vengeance.  The 271k rise in nonfarm payrolls was most this year. The 2.5% year-over-year increase in average hourly earnings is the most in six years. ...

When members of the United Auto Workers (UAW) approved a new contract with Fiat Chrysler on October 22, they ended a contentious round of negotiations that exposed rank-and-file discontent over a two-tier wage system that one worker described as “at...

The US jobs data was considerably stronger than expected and leave no doubt about the December meeting being live despite the year-end considerations that some had seen tying the Fed’s hands. The dollar broke through key chart points near JPY122...

The US dollar is going into the monthly jobs report bid.  It has risen against all the major currencies, save the Australian dollar that is up less than a tenth of one percent at pixel time. There are two main...

It took the excitement generated by the political campaign of a self-described socialist, Bernie Sanders, to put into stark relief the extent to which the United States political system fails to reflect and respond to the aspirations of most Americans....

Divergences in central bank policies continue to drive the global investment environment. This holds true not just across Developed Markets, but Emerging Markets as well.  We thought it would be helpful to summarize our expectations of central bank policies going...

Everyone has experienced it. Striding along in a purposeful hurry, your progress thwarted by a slow-moving pedestrian, dawdling along the pavement. Perhaps they are talking into their mobile phone, looking lost or just plain taking their time. It can drive...

 We are all aware that a number of controversies surround the concept of climate change. However, if we put the possible causes to one side, there is a general scientific consensus that the climate is changing. A changing climate might,...