The CIO office’s view of the week ahead.Trade disputes between the US and almost everybody else are reaching a climax, with US tariffs on imports prompting inevitable retaliation. Things could get worse before they get better, if President Trump puts his words into action. At this stage, global growth indicators are still flashing green and we have some hope that tough negotiations will yield to trade deals, but trade is a risk to upbeat scenarios for global economy and markets alike.It is...
Read More »Weekly view—Central banks and Korea make for a busy week
The CIO office’s view of the week ahead.The ECB’s chief economist, Peter Praet, hinted that there could be an announcement on the winding-down of the bank’s bond-buying programme this week rather than in July, as many had thought, with Praet expressing confidence that inflation would rise toward the ECB’s 2% target. Coming at a particularly sensitive time, with the euro area economy continuing to work through a prolonged soft patch and the new populist government in Italy still an unknown...
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