EUR/USD has rallied back above 1.10, banking on idiosyncratic USD weakness. As discussed above, the Atlantic spreads can have ...

South Korea’s jobless rate rose to 2.9% in March (vs 2.7% in February, 2.8% market consensus). Clearly, the boost from the ...

Eurozone house prices up to new highs. Falling mortgage interest rates, lower house prices at the start of the year and ...

Coming from a lower base – The real estate sector remains in recovery mode, and spreads were already more elevated than other ...

Nominal wage growth accelerated in February thanks to a strong increase in bonus payments, but it failed to keep pace with ...

But the more troubling narrative of late is the notion of what we call a 'sell America Inc.' risk. It's tough to get a gauge on this, and by the way it does not have to be selling by foreigners, it ...

The Nikkei has rebounded sharply (around 6%) today, and European/US stock futures are pointing to a positive open today, ...

Hungary's fiscal balance is broadly in line with our projection, but risks of a larger slippage are increasing ...

While headline inflation slowed in March, core inflation remained hot, and sticky price inflation increased. So, the overall ...

Gold fell further on Monday, with prices sliding below $3,000/oz. Gold is traditionally a safe haven, but sometimes investors ...

Dutch pension funds suffer from the equity sell-off and lower rates. With reforms in the pipeline, fixed receivers could be in demand ...

The second factor of note is the widening in the 10yr swap spread. That's now back out to 50bp, and we read that as a ...