Despite increased optimism at the start of the year, growth forecasts for the US economy are once again falling towards the 2% trend pace of recent years. The faster-than-anticipated fall in unemployment appears to betray a fall in the economy's potential rate of growth...

Money market fund outflows from Credit Suisse were only moderate in May following its guilty plea to helping US clients evade tax, Fitch Ratings says.

According to Daniel Isidori, fund manager at Threadneedle Investments, the Brazilian companies most affected by the upcoming election are state owned and rather than taking exposure to all of them, he suggests to have a small overweight in the energy giant Petrobras...

Euro-denominated money market funds have already taken investment and operational measures to prepare for yields declining or even turning negative, should short-term money market rates shift in that direction following the European Central Bank's decision to cut the rate on its deposit facility to minus 10bp, Fitch Ratings says.

The ECB's package of measures providing additional monetary policy accommodation reduces the risk of deflation in the eurozone, but it may not lift inflation from its very low levels, Fitch Ratings says.