Uncertainty about the quality of US data is not a good look for US asset markets and could add some more risk premium both into the dollar and Treasuries. For Treasuries, this week sees $125bn in ...

There was little in the way of surprises from OPEC+ over the weekend, as the group increased supply by 547k b/d for September. The market had largely expected the supply hike, one that marks the end ...

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 ...

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

Core inflation held steady at 2.3% in July – for a third consecutive month. Selling price expectations for services and goods are ticking up a little bit, though, especially for goods. Goods inflation ...

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 ...

An increase in Japanese exports in the first half of 2025 isn’t shielding profit margins from tariff pain. Exports spiked in ...