Developed Markets
A ‘Mar-a-Lago Accord’ on September 22, 2025?
A ‘Mar-a-Lago Accord’ on September 22, 2025?: Reached on September 22, 1985, the Plaza Accord was an agreement by the G5 countries to coordinate….
Read MoreThe Puzzle: Short-Term Volatility But Clarity Around the Medium-Term Path?
In our last piece, we discussed the evolution of activity in the real economy, both in the UK following the most recent (arguably dovish) MPC…
Read MoreUS Growth and Inflation Paths Make Confidence a Preference
In our last piece, we discussed the evolution of activity in the real economy, both in the UK following the most recent (arguably dovish) MPC…
Read MoreAre US Rate Cuts Just Round the Corner?
Last week, we discussed the most recent monetary update from the Bank of England. The MPC voted to leave rates unchanged at 5.25%…
Read MoreBank of England: B of the Bang for UK rate cuts?
Last week, we discussed the recent important macro developments in the US, from the employment report and JOLTS, to the June FOMC…
Read MoreVolatile Markets, Singular Focus?
Last week, we discussed the evolution of the US data, emphasising our view that the US economy is not as strong as it seems…
Read MoreECB and the Fed: The First Cut is the Weakest?
Last week, we discussed a number of factors, from the concentration of elections in EM (India, S, Africa and Mexico) and the significance of the data releases this week…
Read MoreCan growth disappointment unlock volatility?
Last week, we discussed the announcement of the UK General Election and how political uncertainty…
Read MoreTicking Clocks: Inflation and Politics?
Last week, we discussed the evolution of UK monetary policy expectations following on from the Bank of England decision that brought two dissents in favour…
Read MoreInflation: Milestone or Millstone?
Last week, we discussed what we described as a milestone in the monetary policy trajectory of the Bank of England…
Read More