Global economy experiencing its most broad-based upswing in years - ANZ

Analysts at ANZ suggest that it is notable that markets have been more skittish recently as volatility has picked up, the JPY has gained a firmer footing, and stocks and commodities are off their highs.

Key Quotes

“Whether it is the flattest yield curve in a decade (and what that has historically signalled for future growth), the recent troubles in high yielding credit, or lingering geopolitical tensions, it is not entirely clear what has markets spooked. But it is a reminder that even though the global economy is experiencing its most broad-based upswing in years, there are enough issues out there to keep investors on their toes, and the extremely subdued market volatility backdrop was never going to be sustained.”