fiscal risks

Bank Indonesia Holds Rates as Rupiah Weakens, but Easing Cycle Still Expected

Bank Indonesia held its policy rate at 4.75% amid inflation pressures and rupiah weakness, but we expect a cut in December to support growth. Risks remain skewed toward delays if currency pressures persist or the Fed postpones easinga

Czech Economy Shows Domestic Resilience Amid Weak Eurozone Demand

Pricing in Czech production points to strength in domestic sectors such as services and construction, while declining prices in industry indicate that underlying fragility persists. We see potential underperformance of the eurozone as the sword of Damocles for Czech exporters. The Czech National Bank will live in a double-faceted world for some time

USD Gains on FOMC Anticipation; EUR and GBP Struggle, TRY Drops, CLP Rallies on Strong GDP, COP Hit by Minister Exit

• USD gains ahead of March FOMC meeting 
• Focus will be on ‘dots’, risks and economic projections 
• EUR-USD and GBP-USD show signs of fatigue