In February, there was a net flow into global ETF and mutual funds that invest in emerging markets for the month since September. In particular, funds dedicated to investing in equities in Emerging...

The last few days have seen a sharp reversal in the tone of commentary on the dollar: speculation about a surge to parity against the euro has been replaced by talk that the broad-based rally is over...

Downward revisions to FOMC participants’ projections for the federal funds rate have triggered a significant rally in Treasuries and taken some heat out of the dollar. But our expectation is that the...

This note summarises our key calls on major economies and markets, emphasising where we differ from the consensus. In particular, we forecast US interest rates to rise sooner and further than...