Dec 12, 2017
Stock markets traded more or less sideways in the run-up to the interest rate decisions expected by leading central banks over the course of the week. European equity markets were also burdened by a stronger euro. The Federal Reserve's Open Market Committee (FOMC) is expected to announce a further 25 basis points hike in key interest rates to 1.25 to 1.50 percent tomorrow evening. In addition to the monetary policy announcements, the focus will be on Janet Yellen's last press conference as head of the Fed and the US Federal Reserve's current economic and interest rate forecasts.
Nov 24, 2017
Protectionist tendencies right through to a trade war, exit movement after elections in Europe, geopolitical crises: a year ago, many economists were fearing a whole host of bad news and were anxiously braced for the worst. However, the global economy and the international financial markets in fact began 2017 in a markedly different tone to twelve months earlier, with no bangs and crashes whatsoever. Instead, the global economic and stock market concerto continued neatly in the same key in which it finished the previous year.