The central bank seems to have slowed down the depreciation of the lira recently. It has done this not by selling FX to the ...

The CNB lowered the base rate by 25bp, as expected by the markets. The new forecast represents a shift in a stagflationary ...

Underlying inflation trend and inertia: 3.9 percentage points for 2024 and 3.5ppt for 2025. Food prices: 1.6ppt for 2024 and ...

The National Bank of Romania (NBR) kept the policy rate at 6.50%, in line with expectations. The Bank highlighted again the ...

Finance Minister Lan Fo’an noted that the outstanding scale of hidden debt was around RMB14.3tn; with the measures approved ...

The BoE and Fed delivered largely anticipated cuts, but were reluctant to provide more guidance. Treasury and Gilt yields ...

A large portion of the election move in the dollar has been unwound. That, to us, looks more like a positioning adjustment ...

Trump would likely try to counter any strength in oil prices as a result of this by pressuring OPEC+ to increase output. This ...

Despite big spending increases in last week’s UK budget, the Bank of England has signalled that it’s not a game changer for ...

We are revising our EUR/USD forecast lower following the Republican clean sweep. We assume that Trump will go ahead with both ...

A negative sentiment shock in the wake of Trump's victory is likely to depress eurozone growth over the winter ...

We expect oil and European gas prices to fall throughout 2025, with both balances looking more comfortable. The macro and ...