LONDON The pound is set to be stronger by the time Britain leaves the European Union, according to currency strategists polled by Reuters, but in a year it still won't have come close to recouping its losses since the shock 2016 Brexit vote.
LONDON A rare synchronized expansion among major world economies that was cheered on by markets and policymakers may be already unraveling, with only the near-term prospects for the United States looking significantly better. | Video
LONDON Before the financial crisis hit more than a decade ago, the easy way to test the global outlook was to apply the maxim that when the U.S. sneezes the rest of the world catches a cold.
LONDON While the synchronized global economic expansion is helping get people back into work and forcing interest rates to rise, there is a sense of deja vu brewing about two notable parts of the world.
LONDON British interest rates are still expected to rise in May following a barrage of hawkish signals from Bank of England policymakers, but most economists polled by Reuters don't see a follow-up move for another year.
LONDON Sterling is set to trade higher in a year, near $1.41, less than a month before Britain is formally due to leave the European Union, indicating currency strategists remain optimistic London and Brussels can manage a smooth exit and transition deal.
Global inflation is finally on the rise, the bond market has apparently declared, but the data do not yet point firmly to that conclusion, suggesting the low trend in place since the financial crisis may linger for a while.
LONDON Global inflation is finally on the rise, the bond market has apparently declared, but the data do not yet point firmly to that conclusion, suggesting the low trend in place since the financial crisis may linger for a while.
LONDON The British pound is set to mostly hold steady against both a shaky dollar and the firming euro this year, but much will hinge on progress in Britain's talks with Brussels on its withdrawal from the European Union.
LONDON Now the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy policy.