The Trans-Pacific Partnership (TPP) agreement which was announced today may not see the light of day for some years. Assuming, however, that it is eventually implemented, it should have large and...

Many have argued that China’s attempts to prevent its currency from weakening conflict with its efforts to keep domestic monetary conditions loose. But China’s monetary indicators still point to a...

September’s final manufacturing PMIs suggest that the global economy expanded at a moderate pace in Q3. Indeed, although Markit’s global manufacturing PMI fell from 50.7 to 50.6 in September, it is...

Preliminary PMIs published by Markit today have added to concerns that China’s economy is slowing, but the latest activity data, which are more reliable, have been more encouraging. Meanwhile, growth...