With macro risks tilted to the downside there is room for pricing a scenario requiring a faster central bank response.
Essentially the rule is, as we started out, “it’s not unusual” for market rates to rise post a first cut. So far in the ...
Sweden's Riksbank has signalled it will cut at every remaining meeting this year, and a 25bp reduction this week looks like a ...
The ANO movement of Andrej Babis performed well in the Czech regional elections, while the five-party ruling coalition did ...
Growth in retail sales of goods is slowing in Poland as real wage growth has eased amid higher inflation, given more ...
As the Olympic flame was extinguished, so was eurozone optimism. The August uptick in the PMI was met by a sharp decline in ...
Speculators continued to build long positions in precious metals as geopolitical risks in the Middle East, the Federal ...
In contrast with June's release of the Hungarian Central Statistical Office (HCSO), which came as a negative surprise, July's ...
The dollar is trading in mixed fashion and has not seen any follow-through selling from last Wednesday's 50bp Federal Reserve ...
The state elections in Brandenburg were the third regional state election in east Germany this autumn. Three elections show ...
Should the Fed have just cut to the chase and slashed rates by 200 basis points this week? Don’t worry, James Smith hasn’t ...
Reducing policy rates has become fashionable, and the CNB will likely not want to fall behind with another soft cut ...