14th April 2019

Global Developments Bottomline: The IMF issued its latest World Economic Outlook, lowering global growth forecast (for the 3rd time in 6 months) to 3.3% this year – the weakest annual growth since 2009 – before improving to 3.6% in 2020. Dragged down by uncertainties surrounding Brexit and the US-China (and global) trade wars, the IMF…

7th April 2019

Global Developments Bottomline: Some glimmer of hope amidst glum data – China’s latest PMI readings point towards the impact from stimulus measures introduced earlier this year; though it looks like difficult times ahead for Europe given the latest woeful set of German data (which pushed German bund yields back to negative territory), IP data surprised…