Back then, the funds rate averaged 3%. The 10yr average? 4.5% – where we are now! It’s a level we’ll return to post a rate ...

Also important for FX markets this week will be US-China relations plus the (albeit small) risk of a rate cut in China on ...

Weak weekend lending data from China increases rate cut hopes as early as this week.

Prices of food and alcohol have driven overall inflation higher. Food prices increased by a significant 1.7% in April from ...

Oil prices remain under pressure this morning after settling 1.3% lower on Friday. Confusion over OPEC+ supply cuts appears ...

The USDA expects US corn production in 2024/25 to fall by over 3% year-on-year from last year’s record crop. This shouldn’t ...

The overall tone of NBP Governor Glapiński during his press conference on GDP was rather positive. He said that Poland's GDP ...

US retail sales/industrial production (Weds/Thurs): Both are likely to be weaker than the very strong figures printed for ...

The just-released minutes of the European Central Bank’s April meeting confirm that the Bank will start cutting rates at the ...

Inflation in Hungary slightly increased in April, matching our own expectations and the market consensus. Compared with March ...

The Czech National Bank board assessed the risks and uncertainties in the outlook as moderately inflationary. We consider ...

The UK economy powered out of its technical recession in the first quarter, judging by the initial GDP figures released today ...