US markets are reopening after a long weekend, and FX markets are relatively quiet. G7 FX volatility is close to the lower ...

German industrial orders increased by 1.9% month-on-month in May, from a 3.8% mum decline in April, suggesting that parts of ...

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

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

US job creation slowed after a decent three-month run while the unemployment rate fell mostly due to worker disengagement ...

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

In breaking above the 2024 highs near 162, USD/JPY has returned to levels not seen since the 1980s. Traders continue to ...

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

Oil is back near pre-war levels, but there are reasons to believe the market is too optimistic over the speed and ...

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

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

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