OECD

Forecasting major downturn

What if Abenomics fails?

The global economic outlook has darkened in recent months, with a slow recovery in the eurozone holding back many other economies, the Organisation for Economic Co-operation and Development has said.

Investors have questioned the ‘safe haven' status of gold as the US dollar shows signs of ending its long-term decline.

Neil Woodford has told Investment Week a "fragile" UK economic recovery could yet mean base rates stay at a record low for the next three years.

Boutique investment house Newscape Capital Group has closed its poorly-performing Dynamic Rates & Currency fund less than two years after bringing it to market, and has also shut its Absolute Bond fund, Investment Week understands.

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