The euro-zone economy contracted in Q3 and the continued weakness of the surveys at the start of Q4 suggests that the outlook is poor. Meanwhile, inflation fell sharply again in October but the period...

The drop in Polish inflation to 6.5% y/y in October was larger than expected and should pave the way for another 25bp interest rate cut by the central bank next week (to 5.50%).

With inflation surprising on the upside in Q3, we expect the RBA to lift rates by 25bp at its meeting next week. However, we suspect that the next rate hike will be the last one in the current cycle...

October’s business and consumer survey from the European Commission added to the evidence that the euro-zone economy is contracting. While the labour market still looks tight, labour shortages are...