We are (reluctantly) aligning with the market and consensus call for a hold at the 19 th June meeting. In our view, Norges ...

In recent weeks, two major developments have shaped the trade landscape: a US court ruling questioning the legality of ...

The large increases from OPEC+ will push the global oil market into a large surplus from the fourth quarter of this year ...

Tariff front running led to a drop in GDP in the first quarter, but a subsequent plunge in imports means growth of near 4% ...

For the eurozone, the bigger independent upside pressure for the 10yr Bund yield is through 2026 as the ECB finishes with ...

Inflated Irish GDP figures mask eurozone weakness. Despite eurozone inflation falling below 2%, the ECB is nearing the end of ...

Romanian inflation ticked up to 5.5% in May (April: 4.9%), fuelled by some food and services items. We have recently lifted ...

Yesterday's softer US May CPI data led to the usual pattern of stronger Treasuries and a weaker dollar. However, this might ...

Asia's boost from export front-loading is likely to fade, while the direct drag from tariffs will weigh on exports across the region. Inflation is expected to stay within central bank targets, which ...

China’s data softened but remained resilient amid April’s tariff turmoil The sharp escalation of tariffs in April led to a wave of forecast downgrades in China, as markets weighed the impact on growth ...

UK GDP fell faster than expected in April, but these figures have been volatile lately owing to tariff frontloading, coupled with some possible issues with seasonal adjustment. After a strong first ...

Low volatility in euro rates gives us a chance to reflect on the long term, while Treasury yields find good reasons to dip ...