Crude oil prices appear to be settling in a range of $60 to $70 per barrel, which we regard as ideal (a “Goldilocks” scenario) for the global economy. Prices are high enough to ease the pressure on...

Although both sovereign and corporate bond yields in advanced economies rose in early May, they remain low by past standards. And with most central banks likely to maintain ultra-loose policy this...

Final manufacturing surveys for May, published by Markit today, provide some reassurance that global growth should continue at a respectable pace this year. Among the advanced economies, prospects...

Preliminary PMIs for May, which were published today, support our view that global growth is likely to pick up after a soft patch at the beginning of the year. We still think activity will rebound...