After failing to live up to its own hype last week, we would not be surprised if the ECB is forced to increase its monthly asset purchases after all next year. But even if it does, we think that the...

The renewed slump in emerging market (EM) equities perhaps calls into question our view that they will perform well in 2016/17. But the latest declines have been driven by a fall in commodity prices...

Today’s US Employment Report bolsters our view that the future stance of Fed policy will put upward pressure on Treasury yields over the next couple of years.

US high-yield corporate bonds have performed poorly in November amid concerns over the renewed fall in commodity prices and the prospect of tighter US monetary policy. Looking ahead, we do not think...