Gold has sold off this week following the de-escalation in the global trade war. Meanwhile, ETF and central bank gold buying ...

Today’s data has confirmed our forecast for economic stagnation in the first quarter of 2025 compared to the previous quarter ...

The dollar has softened a little in quiet markets. US Treasuries have struggled to shake off April's underperformance and a ...

On the face of it, Britain is booming. Output rose by 0.7% during the first quarter, having seen essentially no growth ...

Poland's April CPI was revised up to 4.3% YoY vs the flash estimate of 4.2% YoY, but its composition points to a further slowdown in core inflation. We think the disinflationary trend should continue, ...

Surprising deterioration of Poland’s external balance in March due to frontloading of imports ahead of the Trump tariffs ...

Surprising deterioration of Poland’s external balance in March due to frontloading of imports ahead of the Trump tariffs ...

Trade de-escalation continues to provide upward pressure on the long end, whilst cooler CPI data helps the US front end lower ...

As President Trump softens his approach to tariffs, markets should start paying more attention to the supply pressures in ...

The dollar gave back almost all of its post-China-deal gains in one session. We think there is still a significant bearish ...

The dollar may struggle to recover too much further as slower growth, lower US rates and fiscal risk all apply pressure ...

And any evidence of foreign investors increasing FX hedge ratios on US assets will only ever be anecdotal. But the US policy ...