Since early October, emerging market currencies have been depreciating against the U.S. dollar. Differentials in growth, interest rates and expectations on policy changes by the Trump administration are all contributing to the decline. Whether the depreciation is taking place in economies that have ... READ MORE >
currency markets
RSM UK Financial Conditions Index implies rising risk of instability
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 >
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 >