The ceasefire reportedly agreed between Israel and Hamas is likely to have significant consequences for some countries in the region, notably Israel itself as well as Jordan and Egypt. But the...

If sustained, rising bond yields add to downside risks to economic growth. The potential direct effects on real activity are greatest in the US. But higher yields in other DMs could limit how far...

There is already some evidence of US importers increasing orders, at least for goods from China, before Trump’s proposed tariffs come into effect. We think this may continue in the next few months...

We think the recent falls in US equities will unwind before long, with growth and cyclical stocks leading the charge.