It’s been a big day in FX markets where a wholly weak US jobs report has pulled the rug from under Jerome Powell’s hawkish stoicism and stopped the dollar’s rally in its tracks. It looks highly likely ...

Our team are sticking to their rate cut call for now. But as Carsten wrote this week, if the worst is genuinely behind us on ...

The UK jobs market is creaking, providing plenty of justification for a 25 basis point rate cut this month. But it’s a nuanced picture, which, set against sticky inflation data, suggests little reason ...

Weak jobs growth and huge downward revisions suggest a broad loss of momentum and a growing likelihood of meaningful interest ...

But while it’s unlikely that the streak will continue much longer as inflation rarely holds steady, the short-term inflation environment does seem quite benign. Core inflation held steady at 2.3% in ...

Hungarian consumer and business confidence is trending lower, so we remain sceptical about the impact of the upcoming fiscal impulses ...

Companies are increasingly deploying Gen AI pilot schemes Yet scaling to full production is often difficult. We hazard a guess as to why this is the case ...

USD: Tariffs shrugged off, eyes on payrolls. The US has unveiled new tariffs coming into effect on 7 August. The base rate for most countries has remained at 10% but other trading ...

The recent push higher in euro rates has been coming from the front end of the curve, reflecting growing conviction that the European Central Bank will maintain its current policy rate of 2%. If this ...

China’s data highlight will be trade, set for release on Thursday. After a more resilient than expected trade environment in the first half of 2025, momentum could soften a bit further in July. We’re ...

A new CNB forecast arrives with a more upbeat rate trajectory. We expect headline inflation to hover in the upper tier of the Czech National Bank's tolerance band for the remainde ...

If the FX options market is any guide, and once this week's big event risks are out of the way, investors are pricing a quiet ...