The start of this year has seen further weakening in global growth expectations with data out of China continuing to disappoint and US GDP growing at only 0.7% in the fourth quarter.
Coupled with this, we have seen dramatic weakness in the price of oil and other key commodities and the balance sheets and cashflows of many producers and service providers are beginning to look fairly...
The US dollar is close to peaking and the risks now seem to be on the downside.
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