Economy
Disinflation in Romania is becoming more evident
Rates Spark: Balancing data and risk factors
Copper prices hit lowest level this year. Crude oil decreased second day in a row. BoE went for a 25bp hike
National Bank of Poland President says discussion about rate cuts is premature
BoE Quick Analysis: Forecasts fire up Pound for now, markets remain skeptical for good reasons
Bank of England hikes rates and keeps options open for further increases
Weak Chinese inflation is bad for the markets
A proxy of global food prices, Invesco DB Agriculture ETF, has continued to increase to a 12-month high
Asia week ahead: Policy meetings in China and the Philippines
Philippines’ first quarter GDP surprises on the upside but could mark the peak
Rates Spark: Hawkish white noise
BoE rates may remain uncut until the middle of 2024. Bank of England is expected to hike the rates 12th time in a row today
Rates unchanged in Poland; balance of risks skewed to earlier cuts
US core inflation hits 5.5% and it's the second lowest reading since November 2021
April delivers the first marked drop in Hungarian inflation
US inflation continues to run too hot, but there are glimmers of hope
Another month of contracting industrial production in Italy
Rates Spark: US CPI looks sticky, but primed to fall
Asia Morning Bites - 10.05.2023
Hungarian budget posts biggest April deficit on record
European utilities commitment to investment remains high
German inflation is slowing, but ECB wants to do more
Poland central bank preview
Asia Morning Bites - 09.05.2023
Disappointing German March macro data increase risk of technical recession
Three make-or-break crises impacting the US
Asia Morning Bites - 08.05.2023
There’s still life in the US jobs market, but challenges are mounting
Hungary’s retail sales and industrial output continue to tumble
Bank of England: Four scenarios for the May meeting
Eurozone retail sales fell more than expected in March
National Bank of Romania preview: waiting for inflation to fall
Indonesia: first quarter GDP steady despite high inflation and slowing global trade
Philippines: Inflation edges lower again in April
Asia Morning Bites - 05.05.2023
Asia week ahead: Inflation readings from China and India
Spanish tourism boom propping up a weakening economy
Asia Morning Bites - 04.05.2023
The Czech National Bank is sounding more hawkish
Expect the ECB to keep increasing rates at the short-term, at least until the summer
Negative impact of ECB tightening cycle and banking turmoil is unfolding
Poland’s PMI dips further in April amid poor output and orders
Norway: Krone’s weakness remains central ahead of another rate hike
Indonesia: Headline inflation dips again in April
Australia: Reserve Bank surprises with 25bp hike
Italian headline inflation bounces in April on base effects
RBA rate hike helps AUD form reversal
China: Manufacturing PMI contracts in April
This week Federal Reserve and ECB decide on rates. US Labour market data go public on Friday
Monitoring Hungary: Gloom with some silver linings
German headline inflation continues gradual downward trend in April
Italian GDP growth surprisingly strong in first quarter
Poland’s CPI inflation down in April on food prices
Hungary’s unemployment does not budge
Asia Morning Bites - 02.05.2023
Eurozone economy grew marginally in the first quarter of 2023, but divergence is high
Taiwan’s GDP contracted more than expected in first quarter
Bank of Japan stays on hold but policy adjustment is coming
France: Exports boost GDP while inflation increases again
German economy not out of recessionary danger, yet
Spain’s economic growth picks up while core inflation falls again
Rates Spark: The last piece of the jigsaw
US GDP growth disappoints as corporate America comes under pressure
Spanish unemployment rate rises slightly
Czech National Bank Preview: Rates likely unchanged; hawks rear their heads
US GDP: The GDP number covers an odd quarter which was deceivingly strong over the first couple of months due to weather distortions
Asia week ahead: RBA policy meeting plus regional trade data
US GDP Quick Analysis: Three reasons why the GDP report shows resilience, USD set to extend gains
Rates Spark: Waiting for that smoking gun
Asia Morning Bites - 27.04.2023
Riksbank: Growing dissent hinders efforts to support the krona
ECB preview: a 25bp compromise rate hike
Australia: March inflation falls further
National Bank of Hungary Review: A new beginning without commitment
Rates Spark: Bonds are back...in their range
Base effects distort Hungarian wages data
Taiwan’s economic outlook: a challenging year as global semiconductor sales slump
Monitoring Czech Republic: The inflationary tide is slowly receding
Conotoxia's analyst on Fed: A reasonable scenario for the May 3 meeting would be to continue the trend and raise the interest rates by the same amount to 5.00%
It should be noted that BoJ’s decade-long ultra-loose stimulus program has drawn intense criticism for broadening price pressures in the world's third-largest economy
Poland’s economy has bottomed but anaemic growth lies ahead
This week's calendar looks striking! US GDP, Bank of Japan rate decision, Sainsbury earnings and more
German Ifo improves marginally in April
Asia Morning Bites - 24.04.2023
US Flash, that is to say preliminary, PMI for April came in at a better-than-expected 50.4 versus a downwardly revised 49.2 in March and a forecast 49
UK retail sales weak due to high prices
Poland’s labour market cools but wage pressures persist
Eurozone economy boosted by service sector growth
Worst behind us for UK retail despite fall in sales
Rates Spark: Ranges are holding for now
Eurozone consumer confidence continues to improve at low levels
Spanish business confidence improves, but may be short-lived
ECB minutes signal growing divide about size of future rate hikes
Riksbank preview: A hawkish 50bp hike to support the krona
World trade to see big shifts and weaker growth in 2023
Asia week ahead: Bank of Japan’s first meeting with new governor
Japan’s economic recovery is being driven by a tourism boom
Listen: Emerging markets remain resilient amid uncertainty
Looking past the peak of Fed key rates
