Europe: Ukraine Invasion — A Year On

24 February 2023 The end of China's lockdown, signs global inflation is peaking, and the slower pace of US interest rate hikes have led investors to embrace the prospect of an economic "soft landing". Financial market optimism has been particularly evident in Europe. Indeed, collapsing natural gas prices have led to a 10% rally in [...]

Soft Landing: What Could Go Wrong?

5 February 2023 After a bruising 2022, global financial markets now have fully embraced the propect of a "soft landing" for the global economy. Even the IMF has revised up its 2023 GDP growth forecast following China's post-Covid opening, declining European natural gas prices, and signs that world-wide inflation may have peaked. In the United [...]