“When Wall Street sneezes, the rest of the world catches pneumonia.” This is how the old saying goes. Looking at the recent trends of world economy and of equity markets, investors must hope that Wall Street and the US economy […]
Economic data released this week confirmed the short-term US economic outlook remains positive, despite a weak economic scenario abroad. Despite declining from 53.2 to 52.6 (consensus at 53), the July ISM manufacturing index remained at a value in line with […]
Following the surprising decision on July 14th to maintain monetary policy unchanged, the Bank of England is widely expected to cut rates by 25bp at the end of Thursday 4th monetary policy meeting. According to sterling overnight index swap (OIS) […]
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