Market moves over the past fortnight show that investors are becoming more optimistic about the euro-zone economy, but we are less bullish on the growth outlook. Meanwhile, the recent acceleration in...

When the Reserve Bank of Australia left rates on hold this week, it clearly signalled that it has a tightening bias. Although the weak November jobs report complicates the outlook somewhat, we suspect...

The Bank of Japan will almost certainly lift its policy rate to 0.75% at its upcoming meeting. And while government subsidies will push headline inflation below 2% next year, the strength of...