We estimate that global growth nudged up from 2.0% annualised in Q4 last year to 2.5% in Q1, largely due to a recovery in China. While there was a sharp decline in US GDP growth, its economy should...

Broad money and credit have been expanding steadily in most major advanced economies in recent months. They should continue to hold up well for the foreseeable future as global monetary policy will...

Preliminary business surveys released earlier today suggest that manufacturing activity in advanced economies weakened further in April. This would be consistent with slow, but positive economic...

With the three major advanced economy central banks holding policy meetings this week and next, we are sticking to our view that the next year or two will see a lot more divergence between monetary...