Capital Daily Weaker MXN no major concern for Banxico, nor for us At Banxico’s meeting yesterday, worries over the weakness in the Mexican economy outweighed concerns over the sell-off in the Mexican peso and prompted the central bank to restart its easing cycle... 9th August 2024 · 5 mins read
India Economics Weekly Questions for the RBI in the rupee’s decline The rupee was one of only a few currencies to weaken against the dollar this week. Could a lack of investor confidence in the currency pose problems in the months ahead for the RBI? 9th August 2024 · 5 mins read
Europe Economics Weekly Market “turmoil” not a big concern for euro-zone The brief period of turmoil in global markets which continued earlier this week should not have a lasting impact on the euro-zone. Most of the market moves were small and have already been largely... 9th August 2024 · 8 mins read
Europe Economics Update Norges Bank will stick to hawkish tone for now Inflation in Norway has continued to fall more quickly than policymakers expected. But with the krone coming under renewed pressure recently, we think they will maintain a hawkish tone next week. 9th August 2024 · 2 mins read
Latin America Rapid Response Mexico Interest Rate Announcement (Aug.) Mexico’s central bank opted to reduce its policy rate by 25bp, to 10.75%, at today’s meeting and the statement generally retained the moderately dovish tone from the last one. We think further rate... 8th August 2024 · 2 mins read
Emerging Europe Rapid Response Romania Interest Rate Announcement (Aug.) 7th August 2024 · 2 mins read
Australia & New Zealand Economics Update RBNZ to kickstart its easing cycle next week We are in the minority of forecasters who expect the Reserve Bank of New Zealand to hand down a 25bp rate cut at its meeting next week. Moreover, with excess capacity in the economy rising rapidly, we... 7th August 2024 · 5 mins read
Australia & New Zealand Economics Update With RBA remaining hawkish, rate cuts will have to wait Although the RBA left rates on hold today, it poured cold water on market expectations that it will loosen policy later this year. With the economy still running above its speed limit, we continue to... 6th August 2024 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Aug. 2024) 6th August 2024 · 2 mins read
Europe Economics Weekly September cut still likely; Germany-Spain divergence We think data released this week are just about consistent with an ECB rate cut in September, but with underlying price pressures still high that is not a done deal. Meanwhile, the recent economic... 2nd August 2024 · 7 mins read
UK Economics Update Rates cut to 5.00%, but BoE in no rush to cut again The Bank of England kick-started a loosening cycle today by cutting interest rates from 5.25% to 5.00%, but the accompanying guidance and forecasts suggest it will proceed cautiously. Accordingly, we... 1st August 2024 · 3 mins read
Emerging Europe Rapid Response Czech Interest Rate Announcement (Aug.) Czech National Bank Governor Michl sounded fairly cautious in his guidance about the future course of the easing cycle in the post-meeting press conference today. But the post-meeting statement struck... 1st August 2024 · 3 mins read
