Equities in China and other parts of Emerging Asia have slumped since mid-June. But unusually, those in Latin America have surged at the same time. There are already signs that the rally in Latin...

Despite the resilience of the S&P 500 recently, US assets have not been altogether immune to trade tensions. And we think that they will come under a lot more pressure if, as seems increasingly likely...

The very low level of long-term bond yields across the euro-zone suggests that there is no urgent need for the ECB to copy the US Fed’s “Operation Twist” by replacing short-dated securities with...

We argued at the start of this year that the good times for emerging market (EM) assets were likely to come to an end after a stellar 2017. As it happens, in many cases they have already fallen...