The Australian dollar has rebounded in June despite the ongoing slide in commodity prices. The currency’s recovery has probably been due to a subtle shift in investors’ expectations about the relative...

We have revised some of our key market forecasts for government bonds, equities, commodities and currencies. The new forecasts are presented in the table at the bottom of this page. The major changes...

The yield on 10-year US Treasuries fleetingly dipped below 1.7% last week – its lowest level on record. We do not expect to witness a major sell-off any time soon – our end-2012 and end-2013 forecasts...

The crisis in the euro-zone has exacted a heavy toll on regional stock markets. The sharp falls in equity prices have driven valuations down to attractive levels in many Member States, both relative...