This week's central bank meetings have not been explosive for FX markets, but have provided some support to sterling and weighed on the yen. We note in the overnight release of US Treasury TIC data ...

Order books and business outlook improved markedly in services. Tourism led the way here, with confidence back to March 2024 levels – likely boosted by demand linked to the upcoming Milan-Cortina ...

Overall, December confidence data supports the view of a very gradual recovery in Italy’s economy. On the supply side, services remain the main driver. On the demand side, the upcoming Winter Olympics ...

In terms of the GDP report itself, the details will likely show that tech investment is a key driver of growth, while consumer spending was held up by high-income households. Fourth quarter GDP growth ...

The Bank of Japan opted for a widely expected 25bp hike and kept the door to future hikes open, though Governor Kazuo Ueda's comments were rather neutral on forward guidance. The November CPI matched ...

News on South Korea’s industrial production, retail sales, and inflation are among the main events, along with key data on ...

Inflation below the target opens the door for a cut. The bank board voted unanimously to hold rates at 3.5%, with all six ...

The Bank of England has cut rates to 3.75%, but the decision was more hawkish than expected, leaving market rates higher and sterling slightly stronger. It's a close call whether the Bank cuts again ...

November’s consumer price inflation report was remarkably soft given the backdrop of tariffs and concerns over insurance ...

Moreover, a surge in absorption of even more capital-intensive cohesion funds is still ahead, as Poland has so far spent only ...

ECB keeps rates on hold at December meeting and forecast give very little arguments for any rate change any time soon ...

Profits at Dutch construction companies are rising even though volumes show little growth. This divergence reflects ...