The clash between Turkey and the US over Syrian policy has provoked extreme movements on the Turkish markets. Continue reading “Turkey and US clash over Syrian policy”
The talks between Merkel’s CDU, the CDU’s ally the CSU, and the SPD have so far progressed smoothly, albeit with some signs of strain. Continue reading “GroKo agreement and fault lines”
For 2018 the economic fundamentals look reasonably solid. The IMF in its October report forecasts global growth for 2018 at 3.7 percent. The report also observes, “…pickups in investment, trade, and industrial production,coupled with strengthening business and consumer confidence…”.
Politically however, 2018 sees a much more fraught outlook. A quick tour of trouble spots illustrates just a few of the obvious and not so obvious risks to market stability. Continue reading “2018 Economic fundamentals encouraging, politically fraught”