The German government has finally announced a big reform package that should eventually get the economy out of stagnation ...

Elsewhere, GBP is doing better It looks like FX and interest rate markets (plus this author) were getting a little ahead of ...

Asia consumption recovery: gradual but uneven. Private consumption across Asia remained subdued in 2025, reflecting soft real ...

While the record high temperatures during the day and overnight are clearly harmful for human health, they will also leave ...

The last time Kevin Warsh spoke to financial markets, the dollar surged. This was at his debut FOMC meeting last month, where ...

The market is anticipating a 50bp hike ahead, but we argue that a hold (and holds) ahead are entirely defensible. Why? Mostly ...

Nickel prices have retreated as the market reassesses whether Indonesia will follow through with the supply tightening that ...

Political uncertainty adds to risk premium in gilt yields. Starmer’s resignation is now official, but we’re still in guessing ...

Czech real GDP growth was confirmed at 2.2%, while private consumption and fixed investment dynamics were revised downwards.

Elsewhere, we don’t expect the Sintra forum to deliver any dovish tilt by the ECB ahead of a key CPI test on Thursday. We ...

AI-driven data centre expansion is reshaping energy demand, infrastructure needs, and local economies across the US ...

However, gold’s weakness highlights the extent to which markets have shifted their focus from safe-haven demand towards the ...