The appreciation of China’s renminbi in the face of deteriorating economic fundamentals and global disinflation represents a new normal in China’s political economy, but opinion is split about whether the currency is overvalued.

Central banks’ imminent retreat from the unprecedented monetary easing adopted following the financial crisis could lead to a severe loss of confidence in the markets, economic contraction and deflation — not just inflation as many fear. Sherif Lotfi, Head of Corporate Advisory, Americas, and Edward B. Marrinan, Head of US Macro Credit Strategy and Co-Head, Markets Strategy, Americas, at RBS explain.

George Osborne is demanding monetary activism from the Bank of England to speed a fragile recovery, but its new boss Mark Carney is unlikely to start a revolution on Threadneedle Street.

Companies need easier access to their cash across the globe as regulatory changes are expected to make borrowing more expensive. But strict rules on getting funds out of emerging markets – where many have invested heavily – are a major roadblock. Fortunately, regulatory reforms mean cash previously caught behind a country’s borders is becoming more accessible.

The mini liquidity crunch is the early warning sign of a substantial economic correction long overdue, amid rising leverage and a broken growth model, say bearish analysts.

The violent synchronized sell-off in emerging market assets – across FX, local rates and credit – raises the spectre of a new normal: the end of unsustainably high foreign ownership of assets, particularly local currency credit, greater credit differentiation and the waning power of financial repression in the US as a fillip to EM flows, bearish analysts say.

The development of FX trading venues has been idiosyncratic, but can it follow other asset classes toward an exchange-traded future?

Like it or not, electronic currencies are here to stay, challenging traditional payment channels. Euromoney surveys the contenders for digital dominion as security and regulatory challenges bite.

The 2008 financial crisis undermined the old model of corporate funding. A smarter, more balanced model is emerging in its place.

Mobile banking is poised to become a crucial tool to help corporate treasurers make financial decisions and access a range of services. Carlo R.W. De Meijer and Jonathan Bye, Market Engagement at RBS, explain.