With economic growth set to propel more than 90% of the world's population into the so-called "consumer class" by 2020, a new report from HSBC Commercial Banking suggests companies should start preparing today to meet the wants and needs of tomorrow's customer.
The co-author of that report Paul Flatters, from futures consultancy Trajectory, joined the Morning Money team to talk about the research.
The Federal Open Market Committee continues its deliberations about whether to hike interest rates. It’s against a back drop of uncertainty as European stocks closed lower on Tuesday amid concerns over Brexit, and The German 10-year bund yield falling below zero for the first time. Michael Hewson, Chief Market Analyst at CMC Markets, offered his views.