January has been revised from 0.45 to 0.50 and February is now 0.27 rather than 0.26 with March at 0.32. This remains well ...

The Bank of Japan left its key interest rates unchanged today. Markets are clearly disappointed with the colourless policy ...

Robust data has pushed market expectations for the timing of the first cut to December. We still see the chance of a ...

The European Central Bank is on the verge of starting rate cuts and monetary developments are proving no hurdle to doing so.

The divergence of FX markets from rates and equities generally doesn’t last long, and we expect a delayed USD strengthening ...

The Czech National Bank will likely cut the key interest rate by 50bp to 5.25% as inflation has fallen towards the 2% target.

On the back of the higher core PCE deflator that came with US GDP data, the Bund curve shifted higher up to 5bp yesterday ...

US GDP growth slowed to 1.6% annualised in the first quarter of this year, less than half the 3.4% rate recorded in 4Q23, but ...

The downtick in Hungary’s unemployment rate shows signs of improvement, but it would be too early to declare a trend reversal ...

Japan will feel it has Washington's blessing to intervene in FX markets. Earlier this week, Japanese Finance Minister, ...

The Bank of England is right to draw a distinction between the UK and US inflation outlook, and we expect the first rate cut ...

Polish construction output plunged in March, and we don't think the outlook appears too bright for 2024 as a whole ...