A look at recent figures on stockbuilding and inventories provide another reason to think that the economic cycle has turned downwards.

This Update cuts through the Brexit quagmire by highlighting four things we now know about Brexit, four things we don’t, and four implications for the economy and the financial markets.

Since major euro-zone economies are more globalised than most, they are more sensitive to turns in the global business cycle. This partly explains why, having outperformed in 2017, they have...

The economic cycle in most EMs has passed its peak and a combination of domestic headwinds and a slowdown in the global economy means growth will be weaker than most expect across the emerging world...