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By Mark DOWDING, CIO at BlueBay Asset Management
As our children cry out for environmental reform, UK leaders remain firmly focused on Brexit, while Trump retorts with simple mockery.
Weak PMI readings in France and Germany provided the principal focus for investors in the past week with German manufacturing data pointing towards the worst outlook for the sector since 2008/9. Weak Chinese demand continues to be a factor dragging global growth lower, with a similar pattern seen in other major trading partners such as Korea.
Although domestic demand in Europe remains more robust and the service sector continues to outperform, it seems that downside risks are not abating and, should this lead to unemployment turning higher,...
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