Expectations for euro area growth this year have remained solid, despite steady downgrades of growth forecasts for other developed economies. But the data flow over the next few months may prove challenging to that relative optimism for Europe.
In an apparent volte face, the Bank of Japan introduced negative interest rates, much to the surprise of the markets. By targeting only marginal transactions, the BOJ is more similar to the approach taken in Switzerland, Sweden and Denmark than by the ECB. The market reaction...
The share of light trucks (such as pickups and heavy sport utility vehicles) in total vehicle sales has increased noticeably in the US of late, reaching a new high of over 60% at the end of 2015. This came at the expense of conventional passenger car sales. The huge slide in oil prices...
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