The euro fell below $1.27 against the dollar again on Wednesday – close to its lowest level since the autumn of 2010. We do not think its slide is over. Both the relative prospects for monetary policy...

The fourth quarter US corporate earnings season kicks off today. The reporting season is unlikely to be especially upbeat as the profits cycle is now peaking. Looking ahead, the growth rate of profits...

The US Fed’s decision to start to publish forecasts for its key official interest rate could be another useful policy tool to keep long-term interest rates low, even though that is not the stated...

This year’s sizeable falls in most commodity prices have highlighted two points that have actually been clear for much longer but are still not yet acknowledged by many commentators. First, even if...