A family business
Last week saw the Bank of England (BoE) give its latest missives on the UK economy. The policy committee members continue to ponder the impact of a difficult global environment on the UK economy, an economy that is one of the most prone to the vagaries of other regions. ...
As the US dollar approaches its highest level since 2002 relative to a trade-weighted basket of other global currencies, we must question how much further it is likely to rise and the potential impact of a change in direction.
Last week we saw China publish an economic growth rate of 6.9% for 2015. This was in line with financial market expectations and marginally below the Chinese state’s official target.