To sum up, November confidence data provides a mixed picture of the state of the Italian economy in the fourth quarter. From ...

All in all, for the time being, we stick to our call that the ECB would prefer to leave interest rates untouched for the next ...

Eurozone economic sentiment rose for the third month in a row, while selling price expectations picked up, reassuring the ECB ...

The pound has welcomed yesterday’s UK Budget announcement, as improved fiscal headroom is seemingly not coming at a hefty ...

At first glance, the UK Budget looks promising, with the fiscal headroom significantly increasing. But diving deeper shows a ...

The odds of further Bank of Korea easing seem low amid upgraded forecasts for South Korea’s GDP and inflation. Increased ...

Meanwhile, speculators are increasingly bearish towards the European gas market The oil market is stuck between the potential for progress in Russia-Ukraine peace talks and what that would mean for ...

Romania’s construction sector found some stability in 2025 after last year’s slump but faces cloudy prospects amid weak ...

The UK Budget announcement (12.30 GMT) will see markets weigh both fiscal and inflationary implications. Sterling faces moderate downside risks in a non-inflationary, fiscally tight scenario, and ...

At time of writing, Gilt yields are currently off around 4-5bp across the curve from their pre-OBR leak levels and EUR/GBP is off around 0.4%. At above 1.32, GBP/USD is back to levels seen in late ...

So, despite all the warning signs around a spread-out supply chain seen in recent years, there is still very limited evidence ...

The UK government's budget announcement will need to show fiscal discipline to satisfy gilt investors, and while our baseline ...