The National Bank of Hungary left the base rate unchanged for the tenth consecutive time in July. The general stance remained ...

Global uncertainty has increased significantly in recent months, but the European Central Bank's lending survey does not ...

This is our market preview of Thursday’s ECB meeting; you can find our macro team’s preview here.

There is a case for the FX market to start responding more actively to tariff-related headlines. The defiant approach seen in ...

Sales in department stores, supermarkets, apparel, and food and beverage have significantly slowed, even slipping into ...

Despite weaker data for June and a slowdown in the growth of real disposable income compared to 2024, the outlook for this year’s consumption remains positive. Households have savings buffers from ...

Markets may become more nervous with the 1 August tariff deadlines, and low summer liquidity could amplify rate moves. Fiscal concerns in many large economies add to the volatility from the back end ...