With the Fed likely to keep the monetary taps flowing for even longer than previously expected, the world will be awash with liquidity for a long time to come. There are tentative signs that this is...

Disappointing preliminary business surveys for October suggest that the improvement in business conditions seen over the past few months may be beginning to tail off.

Since May this year, when US bond yields started to rise, market participants have been concerned about the implications for the global recovery of the Fed scaling back its policy support. In our view...

If the political fight over the US debt ceiling goes to the wire, or beyond, there will be negative implications for the US economy. But the impact on the rest of the world should be fairly small.