This week, the Federal Reserve (Fed) revealed itself to be even more dovish than generally perceived, both in the caution with which it assesses the current state of the economy and in its projections for the economy and interest rates.
At the latest Monetary Policy Committee (MPC) press conference, Governor Carney noted that businesses are taking a very cautious approach right now because of the uncertainty around the outcome of the ongoing Brexit negotiations.
There has been significant progress in the Brexit negotiations in the last 48 hours.
Trade policy is of first-order importance in a more connected world, and markets have been reacting nervously to U.S. trade disputes.
The Italian election did not result in a majority for either a single party or coalition.
As we compiled the 2018 edition of our Long-Term Capital Market Assumptions, the world economy has enjoying its best period of synchronized growth in more than a decade.
A summary of the factors driving global markets over the last month.
Market sentiment towards the Chinese currency has shifted significantly