UK monetary trends are showing signs of recovery but remain weak, arguing against the rate hike that the Monetary Policy Committee (MPC) is expected to deliver this week.
As usual, the focus here is on "non-financial" broad (M4) and narrow (M1) monetary aggregates, comprising money holdings of households and private non-financial businesses. The Bank of England's M4ex...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday