For more information please contact us

ashmail [at] ashmoregroup [dot] com (Email Ashmore)

The global economic rebalance continues

Weekly investor research

07 April 2014

The global economic rebalancing act extended over the past week, with both the Brazilian and Indonesian trade balances bouncing back into surplus. In China, the government announced a small economic stimulus package designed to reverse the marked slowdown experienced in the first quarter. Conversely, in developed markets, overly optimistic expectations are being rebalanced towards a more sober reality: growth forecasts for the US are being revised downwards following the publication of disappointing trade numbers, and the ECB finally recognised that inflation is undershooting their expectations and that they may have to do something unconventional about it. Investors piled into European fixed income assets, singing the old Elvis tune which calls for “a little less conversation, a little more action”.

Full article

Latest Insights

View all