Economists from Credit Suisse and Morgan Stanley improved growth forecast for 2016 and 2017. They abandoned their expectations of recession, but experts still believe that the decision on Brexit will continue to constrain growth of the British economy. The revision stems from good indicators of the...

Within a month’s period, the pension fund gains “£100bn”. Digitallook reports that overall the deficit of “pension funds” in the United Kingdom has grown by “£100bn” within a month’s time, whereby totalling to “£710bn”. Moreover, the PricewaterhouseCooper’s research showed that the liability of the...

Brexit hit gets recovered in the manufacturing sector of the U.K. According to data, in the month of August 2016, the manufacturing sector in the U.K. performed better than it was expected. The index of UK’s “manufacturing purchasing managers” attained to the highest position on the ten months time...

While shrugging off growing market concerns that the Bank of Japan is reaching its limits after an already massive stimulus program, the bank’s Governor Haruhiko Kuroda signaled his readiness to ease monetary policy further using existing or new tools.   The BOJ head also affirmed that there...

Fresh publication of Cap Gemini’s "World Wealth Report" showed surprising consequences of the world's central banks’ quantitative easing in 2015. Number of millionaires in the world has increased not only in the United States and China, but also in Japan, as well as in the Netherlands and Norway....

The Bank of International Settlements (BIS) noted a tilt away from London towards financial districts in Asia as volumes in global currency markets shrunk in the last three years.   The overall trading in foreign exchange markets averaged $5.1 trillion per day in April 2016, showed the...

U.S. banks have been prompted to shift their balance sheets in ways that put them at risk if rates suddenly spike, regulators are warning due to years of stubbornly low interest rates and expectations they will remain low for years to come.   Long-term loans that promise higher yields than...

Helped by a boost to exports from sterling's post-Brexit slump¸ factories recovered from the initial shock of June's vote to leave the European Union as British manufacturing staged one of its sharpest rebounds on record in August.    After tumbling to a three-year low in July after the...

The plunging of global bond yields as resulted in a tight squeezing of interest income for investors. However on the other side, he various government, may issuers of these bonds, are not complaining.   On a total of roughly $38 trillion in sovereign debt that is outstanding, more than $500...