Smaller stock markets in EM Asia have missed out on most of the big rally in global equities since around the turn of the year. But the characteristics that explain their relative weakness so far in...

We don’t think that increases in government bond yields in the US and Germany over the past week will continue throughout 2019. By contrast, we suspect that the rise in the UK is a sign of things to...

We have lowered our end-2019 forecast for the 10-year US Treasury yield by 25bp, to 2.25%. This reflects the fact that we no longer expect the FOMC to raise its target for the federal funds rate this...

Although the Swedish krona rose following stronger-than-expected GDP data on Thursday, we doubt that it will rebound much, as we are more dovish than investors about the outlook for monetary policy.