The rapid digitisation of the economy is pushing the prices of goods and services downwards. Online shop-ping is increasing competition and ex-panding the reach of globalisation, while automation and robotisation are keeping production costs down.
The ECB, which only brought its quantitative easing to an end in December, took the recent downturn in the eurozone’s economic indicators very seriously. At its latest meeting, it announced that it had considerably revised down its growth forecasts…
Sterling has been boosted by the reduced risk of a no-deal Brexit, breaking through key resistance levels. Its technical configuration is now promising and points to a further rebound if a soft Brexit gets the go-ahead…
The slowdown in inflation caused by the slump in oil prices prompted the Reserve Bank of India to cut interest rates by 25 basis points, to 6.25%.
The last quarter of 2018 was one of the worst the US market has seen since the 2008 financial crisis, as panic-stricken investors capitulated just a few days before the year-end holidays.
The longest-ever US government shutdown has come to an end after 35 days. A special committee now has three weeks to negotiate a se-curity plan for the country’s south-ern border.
We think that the fears of a recession are overblown, especially since the slump in oil prices is likely to extend the macro cycle.
If you have an occupational pension, you need to find out what impact the reduction in the conversion rate will have on your retirement. If the conversion rate is lowered to 6%, for instance, this would reduce your annual pension by around 12%. So what can you do to make up for this shortfall?
Japan’s Q3 GDP has been revised down, with a worse-than-expected quarter-on-quarter contraction of 0.6%. This slide was in part driven by a series of natural disasters – includ-ing typhoons and an earthquake – although recent economic indicators already point to an uptick in growth in Q4.
Three ways to make the most of low interest rates