Claims that cryptocurrencies will replace established fiat currencies are rubbish; our view is that Bitcoin is a bubble. Indeed, the latest price falls suggest that the bubble is bursting – although...

We expect oil prices to fall back from their three-year high in the coming months due to increasing supply. But even if prices stayed around $70pb, they would not endanger the global economy. The...

We expect oil prices to fall back from their three-year high in the coming months due to increasing supply. But even if prices stayed around $70pb, they would not endanger the global economy. The...

Monetary conditions should stay accommodative this year, even though the ECB has scaled back its asset purchases this month and the Fed will continue to gradually reduce its balance sheet. Bank...