With the expected rate cut, the ECB will also have to change its communication. Instead of ‘monetary policy is becoming ...

Tariff relief vs Iranian talks. The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trum ...

Financial markets have had their wildest week for years. But for all the drama, the outlook for the global economy looks much ...

Directionally, there seems to be no mood to materially test lower in yield right now, despite the open door being presented ...

A mad week for markets is ending with heavy losses for the dollar. The FX scorecard is speaking volumes; in G10, only the ...

President Trump’s punitive tariffs hit Asia, with largest levies on Vietnam and smaller textile exporters. The largest ...

Kazakhstan's central bank maintained its base rate at 16.50%, with forward guidance suggesting prolonged elevated rates. We ...

The Nikkei has rebounded sharply (around 6%) today, and European/US stock futures are pointing to a positive open today, ...

However, it turns out that we severely overestimated the amount of fine-tuning and thought that went into the reciprocal ...

Gold fell further on Monday, with prices sliding below $3,000/oz. Gold is traditionally a safe haven, but sometimes investors ...

The second factor of note is the widening in the 10yr swap spread. That's now back out to 50bp, and we read that as a ...

South Korea’s jobless rate rose to 2.9% in March (vs 2.7% in February, 2.8% market consensus). Clearly, the boost from the ...