Revoking Article 50 is back in play. Another referendum cannot be ruled out. The TUC and CBI have joined hands: the Labour Party leader may yet be forced to drop…
The Bank of Japan’s latest assessment that the economy is “expanding moderately” might have seemed surprising given the recent slump in exports. The adverse external backdrop was acknowledged, but Governor…
Falling bond yields are good for the world economy and, of course, risk assets. In the US, the S&P 500 pushed through the 2,800 – 2,815 area of resistance on…
The first offshore default for a SOE in 20 years will stoke concerns that China could be consumed by the same debt problems that engulfed Japan in the 1990s. However,…
The recriminations over Honda’s decision to close its first factory in 71 years continue. However, the problems in car manufacturing need to be set against buoyant job creation elsewhere. According…
The Shanghai Composite jumped 2.68% today as President Trump talked of “big progress” in trade negotiations with China. The CSI 300 index was also up 3.22%. The rally in Chinese…
