Japan’s Prime Minister Fumio Kishida announced last week that he will be stepping down in September, amid record-low approval ratings. His three-year premiership has been dogged by political scandals. Public…
Read More
It didn’t take long for the narrative to change. The labour market and consumer spending data continue to defy the perennial recession forecasters. In truth, concerns over the US consumer…
It is tempting to suggest that the BoJ caved in response to the stock market slump on Monday last week. Shinichi Uchida, Deputy Governor of the BoJ, said in his…
The stock market selloff deepened this morning in Asia. Stocks are down sharply, due to a combination of souring AI/tech sentiment, the unwinding of popular carry trades and renewed recession…
The Bank of England can afford to hold its nerve and leave rates unchanged at the next MPC meeting. The unreliability of the Labour Force Survey (LFS) has made it…
