Overall, the business climate remains subdued, as it did throughout the second quarter. The only good news is the employment ...

EUR/USD is back above 1.150 as markets priced out a certain degree of geopolitical risk off the pair. The situation in the ...

Markets aren't oblivious to geopolitical risks, but need more to change course. Data shows that Dutch pension funds are ...

Japan releases key economic indicators, including Tokyo inflation, the unemployment rate, retail sales, and flash purchasing ...

The Central Bank of Turkey kept its policy and interest rates unchanged in the June meeting. But the forward guidance shows ...

We anticipate two more 25bp rate cuts in 2025, but they are likely to be delayed until the fourth quarter of the year ...

Core Japanese inflation rose more than expected in May. Even so, the Bank of Japan is likely to prioritize the negative impact of US tariffs. If a trade deal is made by the third quarter, the BoJ may ...

Despite weaker jobs numbers, the Bank of England is showing little sign that it’s about to pick up the pace of easing. We expect cuts in August and November. EUR/GBP upside risks are set to persist in ...

Inflation pressures have increased recently, both on the domestic and foreign front. Distortions in the residential market have the potential to fuel ...

Dutch pension funds continued to add to their interest rate hedging. The latest data from this year's first quarter shows that the five largest Dutch pension funds all increased t ...

So, it looks like Norges Bank agreed with us that the market conditions for a cut now are ideal. EUR/NOK is trading 0.6% higher on the day, after having spiked over 1.0% after the rate cut. But the ...

We expect a 25bp cut in Switzerland, and holds in the UK, Norway and Turkey. But the main driver for FX remains the Middle ...