GLOBAL investors seeking value have been switching money into Asian and emerging markets. But following steep rallies from the depressed levels in December, several analysts are cautioning that markets are overbought.
“The rotation from developed markets equity funds to emerging … Read the rest
The BIS, the central bank’s central bank, is renowned for its warnings about the global financial system.
Claudio Borio, head of the Bank of International Settlements (BIS) BIS’ Monetary and Economic Department spells out the dangers: “Since the early 1980s … Read the rest
FUTURE historians will wonder why British politicians caused a great nation to self-harm over its European Union membership.
Brexit Tory MPs contend that a sovereign UK needs to be free from the “shackles” of an EU that desperately needs reform. … Read the rest
A no-deal Brexit scenario could cause a deep recession, rise in unemployment and further sterling devaluation
In a scenario analysis of the Brexit economic risks, the Bank of England and the UK Treasury said Prime Minister Theresa May’s deal is … Read the rest