THE objective of policy makers in the West since the financial crisis hit in 2008/2009 has been to return to “self-sustaining” – that is to say employment-led – growth.Read
OSTENSIBLY there is clear logic to the decision by the US Federal Reserve to purchase an additional $600bn of longer term US treasury securities over the coming 12 months.Read
EUROPEAN exporters have so far survived the euro’s recent gains, with German industrials among the most resilient, but a break above $1.50 will likely hit defence firms, including Airbus’s parent EADS, and technology firms hard.Read
STERLING is seen holding ground against an ailing dollar in coming months, but may lag behind the euro and other currencies on persistent speculation the Bank of England (BoE) will ease policy further to aid a faltering economy.Read
CHINA’S strength in the world is evident to everyone, having just surpassed Japan as the second largest economy, after the USA, in current dollar terms.Read
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