The ECB started its quantitative easing programme this week and the US Fed is likely to begin tightening policy in June. Nonetheless, we expect real interest rates to remain higher in the euro-zone...

With the WTO talks stalled, hopes for significant progress in trade liberalisation are pinned on two large regional trade and investment pacts. As a result of renewed political pressures for an...

Final manufacturing PMIs for February suggest that the pace of global growth has picked up a bit since the start of the year. The full impact of the drop in oil prices has yet to be felt and further...

There has been a wave of rate cuts across the world since the start of the year. And we expect monetary policy to be loosened further in a number of economies over the coming months. This should help...