Investment banker David Solomon will serve as the sole president of Goldman Sachs, as the successor of Lloyd Blankfein.
OPEC raised its 2018 oil production growth forecast for non-members to 1.66 mbpd, driven mostly by higher growth expectations for the US and Canada.
The Italian Eurosceptic League said it is open to form any sort of coalition with the Five Star Movement as long as it does not include the Democratic Party that ruled for the last five years.
The UK will expel 23 Russian diplomats after Moscow refused to explain the attack on two people in England. In a joint statement the UK, US, Germany and France said the only plausible explanation is that Russia is responsible.
UK CPI YOY will be released on Tuesday March 20, with a forecast of 2.9%.
Japanese CPI YOY will be released on Thursday March 22, which is expected to increase by 1.5%.
A score of -1.0 indicates an extremely poor economic outlook, which is accompanied by a high probability of negative returns in risky asset classes like equities. The Risk Barometer tilts our portfolios away from equities during such periods.
A score of 0 indicates a neutral economic outlook with almost equal probability of positive and negative returns in risky asset classes like equities. The Risk Barometer maintains a balance between equities and other asset classes during such periods.
A score of +1.0 indicates an extremely positive economic outlook, which is accompanied by a high probability of positive returns in risky asset classes like equities. The Risk Barometer tilts our portfolios towards equities during such periods.
*as at latest realignment 28/02/18
The performance of each asset class is represented by certain Exchange Traded Funds available to UK investors and expressed in GBP terms selected by Copia Capital Management to represent that asset class, as reported at previous Thursday 4:30pm UK close. Reference to a particular asset class does not represent a recommendation to seek exposure to that asset class. This information is included for comparison purposes for the period stated, but is not an indicator of potential maximum loss for other periods or in the future.