Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Turkey: Risk of a sharp exchange rate correction in 2020

As expected, the Monetary Policy Committee (MPC) of Turkey disregarded rising inflation and once again cut its key policy one-week repo rate today, by 50bp to 10.75%. 

Is Germany a “stranded” economy?

After four consecutive years of strong economic growth above the potential rate, the high-flying German economy experienced a sharp deceleration in momentum in 2018. The combination of some key characteristics of Europe’s largest economy proved highly unfavorable in an environment of slowing global momentum and elevated political uncertainty.

Global insolvencies: Record high failures of major companies

On top of the upward trend in business insolvencies , we identify a record level of failures of large companies - those with over EUR50mn of turnover- with 342 major insolvencies totaling more than EUR205bn in turnover in 2019.