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February 2013

Opinion A short lesson in exchange rate determination

François Hollande, the French President, recently called for action against the strong euro, stating that the economy could end up with an exchange rate “out of line with the fundamentals”. Although plausible, exchange rates are probably “out of line with the fundamentals” most (...)

January 2013

Opinion Credible Debt Stabilisation Strategy Still Key for Japan

The central issue for Japan’s sovereign credit rating remains the developing and implementing of a credible fiscal strategy to stabilise government debt over the medium term, Fitch Ratings says.

January 2013

Opinion Equities in 2013: boring would be best

Past results do not guarantee future performance. However, they certainly set the tone for predictions of it. A year ago, the outlook statements for this year’s equity performance were rather cautious, with forecasters extrapolating the poor trend of 2011. However, 2012 (...)

January 2013

Opinion Fitch: Eurozone Overshadows 2013 Emerging Europe Growth Outlook

In its newly-published Emerging Europe (EE) 2013 Outlook and Sovereign Review, Fitch Ratings says that positive rating actions in Emerging Europe sovereigns outweighed negative actions in 2012.

December 2012

Note BofA Merrill Lynch Fund Manager Survey Finds Investors Bullish on Global Growth as They Look Beyond Fiscal Cliff

Confidence in a recovering global economy is extending into 2013 as investor fears surrounding the fiscal cliff eased, according to the BofA Merrill Lynch Fund Manager Survey for December.

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