HEW: Resilient Data Test Dependency
UK wage data continues to surpass expectations, however, the Bank of England remains unfazed. There are concerns that premature rate cuts could...
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EA Inflation Eases ECB Cut in June
The final EA HICP inflation print confirmed the unsurprising stability at 2.4% in the April flash release. Energy price base effects will probably...
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Australia Unemployment Rate 4.05% (consensus 3.9%) in Apr-24
The unemployment rate in Australia rose to 4.05% in April 2024, exceeding the predicted 3.9% and marking the highest level since January. This...
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Assets May Inflate Like It’s ‘98
Rate cuts are rare outside of recessionary regimes. The 1998 experience seems a more similar historical example for the BoE than 1989 or 2005,...
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Philippines Policy Rate 6.5% (consensus 6.5%) in May-24
The BSP maintained its policy rate at 6.5%, aligning with the consensus forecast, reflecting a balanced approach amid persistent inflationary...
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