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  • 21-Aug – Brazil: Life is not a beach anymore - Updated Tue August 20, 2013

    Top 3 data/events • Iron ore – Price rally faces an immediate challenge • Euro area – Positive PMIs expected to continue in August • US – Don’t hold your breath for the Jackson Hole conference • Market focus • We met with clients in Brazil; t...

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Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.