The RSM UK Financial Conditions Index is warning of a dramatic increase in credit risk that, along with the depreciation of sterling, has the potential to derail commercial activity in the United Kingdom. Growing financial stress has exposed the difficulties that global central banks face in ... READ MORE >
British pound
Amid global economic turmoil, stress grips fixed-income markets
Regime change in the global financial markets and the international economy is in play. Investor and policy expectations around globalization, growth and liquidity are all rapidly changing as central banks lift interest rates to put inflation back in the box. It is highly likely that the American ... READ MORE >
The dollar’s reign will continue amid a global flight to safety
The U.S. dollar is on a tear, increasing in value against its traditional trading partners as well as against the Chinese renminbi. A combination of factors is fueling the surge, including rising interest rate differentials, a global move to the safe haven of the dollar and an escalation of ... READ MORE >
The RSM Brexit Stress Index: Pound’s decline signals rising concern
The RSM Brexit Stress Index rose sharply in the week, signaling significant worry in the market following depreciation of the British pound that will result in higher costs for food, fuel and other consumer staples for U.K. residents. The composite index, which measures economic stress surrounding ... READ MORE >