China is left with few good options to hit back at the US in ways that wouldn’t be self-defeating. Rather than direct retaliation, officials are therefore likely to focus their efforts on broader...

The further fall in Markit’s global manufacturing PMI in July adds to the evidence that industry remained in the doldrums at the start of the third quarter, with forward-looking components suggesting...

Advanced economy PMI surveys for July revealed that the relatively resilient services sector struggled to support growth, as the industrial downturn deepened. And the latest results of the Global...

The IMF has revised down its global growth forecasts, but they are still much stronger than our own. Its forecasts for advanced economies look particularly optimistic and we think that the changing...