Business surveys released earlier today extend the run of upbeat data on the world economy. Markit’s global manufacturing PMI edged higher from 52.0 to 52.1 in November and is consistent on past form...

The prospect of a large fiscal stimulus under a Trump presidency has prompted us to raise our forecasts for US growth and inflation but we have left our economic forecasts for the rest of the world...

The “flash” PMIs for the euro-zone and US which were published earlier today reinforce the message that the world economy seems to be expanding at a decent pace in Q4, even before any “Trump stimulus”...

The slump in global bond prices after the US elections and the accompanying rise in long-term interest rates will cause some pain both to existing bondholders and future borrowers. Nonetheless...