The fall in Mexican core services inflation in the first half of October in principle gives Banxico space to press ahead with another 25bp rate cut next month, but much will hinge on the outcome of...

The fall in October’s composite flash PMI to an 11-month low suggests that real GDP growth, after what is shaping up to be a 0.2% q/q rise in Q3, continued to slow to a crawl at the start of Q4. This...

The low activity and price components of the flash PMIs for the euro-zone in October will strengthen the conviction of policymakers who think the ECB should step up the pace of rate cuts. We now think...

The drop in South Africa’s headline inflation rate, to 3.8% y/y, in September, means that the SARB will almost certainly continue its easing cycle. The chances of a 50bp cut at its the next meeting...