Global economy losing momentum as policy risks rise
Eurozone inflation eased back to a rate of just 1.1% in February. As in the US, there is some indication of a modest pick-up in wage growth, and this has in the past been closely associated with the rate of inflation in the service sector.
We had a glimpse of the potential market implications of a more eurosceptic Italian government in recent weeks.
Monetary policy killed the market-based economy
Comment by Janet Mui
Global equities have delivered ample volatility, but very little return for investors so far this year.
Exporters to perform well