In a surprise move, the Reserve Bank of India (RBI) cut the repurchasing rate by 25 basis points to 7.5% this morning, in an off-cycle meeting, the second time it has taken such action this year.
It is hard to see the latest rate cuts in China as especially positive for growth.
Keith Wade explains why a number of factors should lead the Japanese economy to perform well in 2015.
Japan emerged from recession in the fourth quarter of 2014. Despite this, we could still see further policy easing from the Bank of Japan.
Activity in the eurozone accelerated at the end of 2014 to boost hopes of an ongoing recovery in 2015.
Ahead of Thursday's US retail sales report and Friday's consumer confidence data, Keith Wade provides an overview of the current state of the US economy.
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