The Bank of Japan aims to move its real rate closer to zero, but the timing and scale of future adjustments will depend on economic conditions. The market appears dissatisfied with the lack of clarity ...

The end of the year is marked by a further decline in Polish inflation, below the NBP's 2.5% target. Companies' pricing ...

A strong performance from net trade lifted GDP growth to its fastest rate since the third quarter of 2023. The key drivers ...

As Romania continues to grapple with still-large but improving macro imbalances, an effective last-mile absorption of EU ...

After a clear drop in November, Italian consumer confidence rebounded in December, returning to the yearly average. Households reported better economi ...

November's lacklustre data from the real economy does not undermine the solid momentum of Poland’s economy. In 2026, we expect some improvement in industry and construction along with solid growth in ...

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 ...

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 ...

Corporates have shifted out of bank loans into bonds, which means these markets look buoyant – issuance records are being broken. We argue this is driven by higher price levels, refinancing of ...

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 ...