Although co-ordinated exchange rate intervention is taboo at present, it has been attempted in the past and could, in principle, be tried again in future. Admittedly, both the political and economic...

The collapse in oil prices over the past few months will not transform the outlook for the world economy, but it should act as an “automatic stabiliser”, providing some reassurance to those fearing...

Final manufacturing PMIs for October suggest that global growth may be slowing a little at the start of Q4, dragged down by the euro-zone’s chronic problems. But the US and UK continue to perform well...

The likely end of the Fed’s asset purchases under QE3 does little to change the bigger picture that global monetary conditions remain very loose.