Copper rose to a near-five-month high at the start of the week after China unveiled a special action plan to revive ...

We expect the Bank of England to keep rates on hold at 4.5% this Thursday. We expect seven officials to vote in favour of ...

Given the prospect of sizeable tariffs coming in early next month against Europe and Asia, we suspect risk assets are going ...

The data from the National Bureau of Statistics, based on property price data for 70 cities, compares to -0.07% and -0.34%, respectively, in January. The February decline was relatively modest ...

Gold is one of the best-performing major commodities this year, up more than 14% year-to-date. President Trump’s unpredictable trade policy has been the key driver for gold so far in 2025. We see ...

Despite the surprising hold on policy rates last month, we expect the BSP to cut rates by 75bp to 5% in 2025. Weaker external ...

Both the 3yr and 5yr payers are impact positive in carry, but that dissipates as the RBA cuts (final (3) above). The 10yr has cumulative negative carry of some 500bp (average 50bp pa). This may seem ...

The Two Sessions emphasised that boosting consumption has become a top priority. As such, it’s the first of the main work tasks listed for 2025. While there are few new details on how the government ...

Bulgaria's economic outlook shows mixed signals, with moderate GDP growth driven by consumption but also challenges ...

As the semiconductor industry moves to smaller scales, it must overcome several technical challenges. In 2025, we expect ...

Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration ...

Airfares were the catalyst for softer inflation prints in February, but the good news may not last given tariffs ...