New Zealand

Growth slowest in a decade

Underweight GBP and EUR

The US dollar has performed well, up more than 7% since the end of 2017, and continues to enjoy a number of supports.

Which of this year's teams excel with their domestic growth?

'Try' our most fiendish sporting quiz yet

Entering a 'monetary policy arms race'

New Zealand's finance minister, Bill English, has warned a Greek default or exit from the eurozone would present different challenges to the global financial system than those faced during the Lehman Brothers crisis of 2008.

The single biggest challenge facing markets is normalisation of monetary policy, but although central banks are urging caution, markets are ignoring the warnings, argues Jupiter's Miles Geldard.

Analysts suggest the Bank of England may look to an unlikely source for interest rate guidance after New Zealand today became the first developed market to raise rates since the financial crisis.

Exposure to New Zealand caused the £4.4bn Newton Asian Income fund to significantly underperform its peers in November, as unexpected political risks rocked the local market.