Sun: OPEC+Mon: Holiday: UK May Bank Holiday, Holiday: Japan's Greenery Day, Turkish Inflation (Apr), Global Manufacturing PMI (Apr), US Factory Orders (Mar)Tue:...

Choosing to keep the bank rate unchanged is not a passive choiceIt is a deliberate action in deciding to maintain interest rates as it isBOE does not want to lo...

Inflation expectations need to be closely monitored for signs of de-anchoringWorried that energy prices may stay higher for longer without a clear timeline for ...

Should not forget that baseline scenario already entails a more restrictive monetary policyIt would be more appropriate to respond in June if outlook does not i...

Reuters poll: RBA to hike 25bps to 4.35% on May 5, say 30 of 33 economists. Over a third now see rates at 4.60%+ by year-end vs none in March. Strait of Hormuz ...

Japan top currency diplomat Mimura:No comment on FX interventionWon’t comment on crude oil futuresIn close contact with us on forexNo change to view that seeing...

This is a yen-negative, JGB-positive print in the near term. The magnitude of the miss on core-core, coming in at 1.9% against a 2.3% expectation and prior, is ...

more to come Tokyo CPI, April 2026:Headline is 1.5% y/yexpected 1.6%, prior 1.4%Core CPI (ex Food) 1.5% y/y, slowest since March 2022expected 1.8%, prior1.7%Cor...

Analysts see ECB hiking in June as Middle East energy shock closes the window for looking through inflation. Two hikes seen as ceiling, lifting rates toward neu...

ECB holds rates as expected; June hike fully priced by markets. Deutsche Bank flags upside inflation risk and downside growth risk. Eurozone 1yr inflation expec...

Morgan Stanley pushes Fed cut forecast to Jan/March 2027, citing sticky inflation and hawkish FOMC drift. Euro seen decoupled from rate differentials on Middle ...

Wage tracker indicates easing labor costsSurveys indicate a rise in other costsIndicators of underlying inflation have changed little in recent monthsShort-term...