Sweden’s Riksbank meets on 23 September, and we share the market’s view that rates will be kept on hold, with pricing implying only a 30% chance of a cut. But the tone of the meeting will be important ...

The most concerning development is the employment climate, which fell by two points due to reduced hiring plans in services.

The Bank of Japan held rates steady, but hawkish sentiment grew with two dissenting votes. The market was surprised by the ...

Henry hub natural gas extended declines yesterday after the US reported above-average natural gas inventory injections over the last week. Total gas stockpiles remain above the five-year average, ...

As widely expected, the Fed has resumed cutting interest rates with a 25bp move yesterday. They think three more cuts will be ...

Headwinds are particularly visible in manufacturing as external demand remains weak, held back by Germany’s economic ...

The broad monetary policy conditions are assessed as only slightly restrictive or neutral in the CNB's view. Meanwhile, core ...

The 3yr bills rate breaks even versus our forecast for 3mth bills, while the 10yr rate generates a decent spread on swaps to ...

Fear of inflation remains a key consideration for households, so we believe the central bank will maintain its hawkish stance ...

The coffee sector is still facing supply chain disruptions due to US tariffs; green coffee from Brazil and roasted coffee ...

In line with our call, Norway’s central bank cut rates by 25bp to 4.0% today. But forward guidance now shows the bank’s ...

But regardless of the market’s hectic reaction, we read this as a negative event for the dollar. Despite Powell’s cautionary ...