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On 7 and 9 July, US President Donald Trump unveiled a wave of tariff letters via Truth Social, targeting trading partners with rates ranging from 20% to 50%, effective from 1 August. While the tone ...
Strong price dynamics in services and increases in market and imputed rents will likely lead the CNB to adopt a more hawkish ...
However, tensions de-escalated in the Middle East much quicker than expected, and the ceasefire between Israel and Iran ...
Notably, recent news about the flip back to higher US tariff rates has not hurt the dollar. Indeed, recent dollar price ...
So, the latest episode in the never-ending US tax and tariff saga has given the impression that ‘extend and pretend’ is now also a favourite theme in Washington. But I wouldn’t be so sure. The heat is ...
As global trade tensions heat up, Europe is also feeling the burn as an intense heatwave sweeps across the continent ...
Growth challenges are mounting while tariffs will lift inflation, but stagflation fears are wide of the mark. The Fed will likely delay rate cuts until the end of the year, despite escalating pressure ...
Gold, oil, and inflation are the three key themes of the month for the CIS-4. The last couple of months have shown that Uzbekistan continues to benefit from strong gold prices, while Kazakhstan and ...
That leaves tax rises. The good news is that there’s one obvious piece of low-hanging fruit, and that’s to extend the freeze on tax thresholds beyond 2028. That may sound very academic, but because ...
On the brighter side, retail sales rebounded strongly, hitting a 15-month high of 6.4% YoY. In particular, we’re seeing the positive impact of China’s trade-in policies play out, as evidenced by the ...
Poland’s interest rate cuts are set to be frontloaded with a target rate of 3.5% to be reached in early spring 2026. At the ...
Eurozone data remains volatile amid trade war developments, but the underlying trend is still sluggish. Uncertainty is ...
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