It has taken a long time to Saudi Arabia to embark on a reform wave, but it seems that after eight decades of oil dependency, and under the current context of sustained low crude oil prices that pushed Saudi Arabia into a budget deficit of nearly $100bn last year (15% of GDP), the time has come for the kingdom to think of a post-oil era.

According to Nathan Gibbs, Japanese Equities portfolio manager at Schroders, regardless of the actual level of interest rates or details of policy, the main issue around today's Bank of Japan decision is one of inconsistency.

The governor of the Bank of Japan (BoJ), Haruhiko Kuroda, was given a clear mandate by the Prime Minister in 2013, to end the deflationary pressure which had been weighing on the country since 1998. In order to do so, the governor implemented an ultra-aggressive monetary strategy, based on massively increasing securities purchases by the central bank...

According to Avinash Vazirani, indian stocks have been a bright spot within emerging – and developed – markets in recent months... Avinash Vazirani

According to Mitul Patel, Head of Interest Rates, Henderson Global Investors, The European Central Bank (ECB) have very much taken the ‘kitchen sink' approach, surprising market expectations in a variety of ways...