Inflation and activity data published over the past few days have surprised to the downside, supporting our view that Korea’s tightening cycle will finish by the end of the year.

There has been some good news this week – including July’s labour market data and the continued rise in gas stocks – but the big picture is still very bleak, not least because even after the steep...

The fall in the global manufacturing PMI in August implies that global industrial activity is contracting, and the further decline in the new orders and export orders sub-components suggests that...

There is a case for the ECB to raise rates by 1% next week. But that would probably be too much for many policymakers to bear, so we expect them to step up the pace of tightening with a 75bp hike. It...