We expect the euro-zone economy to grow at only a sluggish pace this year, with southern economies outperforming the core. Germany’s election will lead to only a modest loosening of its restrictive...

The continued strength of services inflation means ECB policymakers will feel in no hurry to slash interest rates, but we still think the deposit rate will fall from 3.0% currently to 1.5% in Q3...

The fall in Brazil’s headline inflation rate in December, to 4.8% y/y, coupled with the rebound in the real over the past couple of weeks, won’t be enough to stop Copom following through with further...

Mozambique’s political unrest looks set to continue following opposition leader Venâncio Mondlane's return and his claim that he is the country’s rightful president. Eyes will next turn to ruling...