The ECB raised rates by 75bp and President Lagarde delivered a classically hawkish assessment of the outlook for inflation. Bond yields rose and the curve flattened as the front end priced a more active ECB. However, the EUR managed to gain little...

Fixed Income Team - Union Bancaire Privée, UBP SA The European Central Bank has just raised its deposit rate to 75 bps from 0 bp with investors expecting more rate hikes as they anticipate a terminal rate up to 2.3%-2.5% by March 2023. An...

César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management. End of an era After the death of Queen Elizabeth, the reign of King Charles III starts at a particularly challenging time for the UK. The new Prime Minister, Liz Truss,...

By Ole Hansen, Head of Commodity Strategy, Saxo Bank Copper is showing signs of stabilizing despite a current negative sentiment towards China-centric commodities. While the overall macro-economic sentiment remains weak, not only in China ...

After this week’s fall through parity with the dollar, policymakers in the eurozone may not easily recover market confidence in the single currency. At a difficult moment for so many globally, spare a thought this week for European Central Ba...

While guidance remains hawkish on further interest rate hikes into 2023, implementing such a path will be hard in practice. What happened The ECB hiked interest rates by 75bp at its September meeting, in line with market pricing which in...