The significance of yesterday’s drop in oil prices, despite a strong ADP report in the US, should not be underplayed. WTI crude has subsequently dropped below $50/barrel today. The global…
The BoJ has re-asserted its credibility: last month’s offer of unlimited bond purchases helped push 10-year JGB yields lower. It went one step further on February 28th, publishing a detailed…
The reaction to Mr Trump’s speech last Wednesday shows that the equity market rally of recent months has not been driven exclusively by the promise of huge infrastructure spending and…
The unravelling of the Chinese financial system has been predicted on numerous occasions since 2011. The latest social financing numbers from China will do nothing to ease these fears. Shadow…
