Global Markets Daily: China – Have interest rates bottomed?
■ The Chinese economy slowed dramatically in April amid Covid outbreaks and restrictions under the country’s zero-Covid policy. The PBOC… »
Inflation, War, And COVID Drag On
Headwinds Are Eroding Credit Buffers On May 17, we announced downward revisions to our global macroeconomic base-case forecasts of between… »
Entropia et Impera – Inefficiency as a Business Model
Divide and rule policy (Latin: divide et impera), or divide and conquer, in politics and sociology is gaining and maintaining… »
European Daily: Speculating on an ECB Backstop
ECB officials have signalled the possibility of a new backstop tool for sovereign debt markets. We think their main objective… »
Fed likely set for a 75bp hike and more balance sheet reduction
It’s hard not to fixate on comments from the Fed’s Bullard suggesting that a 75bp rate hike would not be… »
The Russia-Ukraine Conflict: European Banks Can Manage The Economic Spillovers, For Now
European banks can manage the economic spillovers from the Russia-Ukraine conflict under our base case that envisages business disruptions in… »
Why has the Ukraine war put a spotlight on cybersecurity and the energy transition?
The war in Ukraine has catalysed two important megatrends – the growing need for cybersecurity, and the transition towards green… »
What Recovery and Resilience? Italy Looses 3% Resilience in One Year
Italy, just like other European countries, has launched last year a National Recovery and Resilience Plan. The plan is funded… »
What Recovery and Resilience? Italy Looses 3% Resilience in One Year
Italy, just like other European countries, has launched last year a National Recovery and Resilience Plan. The plan is funded… »
UK GDP snapshot, the Shanghai shutdown and energy security concerns add up to an uncertain picture for markets
The latest reading on quarterly UK GDP is a bit like assessing the fitness before being sideswiped by a severe… »
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