The global economy is still cooking up decent enough food, but the kitchen is one heck of a mess. If 2025 felt like an episode of The Bear - chaotic, high-stakes, and full of unexpected twists - 2026 ...

Our bold call for 2025 was that the People’s Bank of China (PBoC) would hold the line on the CNY for a 7.00-7.40 fluctuation band. It was a controversial call at the time; most in the markets expected ...

Impact: The US falls into recession, while Europe is less affected. The Fed cuts rates more aggressively.

Germany has been both the eurozone’s greatest disappointment and its main source of hope this year. Mired in prolonged stagnation and burdened by many structural challenges, Germany remained the ...

Within the CEE region, we should see strong growth in Poland and the Czech Republic next year, and a recovery in Hungary and Romania. For the first two, inflation should remain stable near the central ...

Tech-related investment continues to surge as America seeks to “win” the AI race, driven by both perceived economic and ...

It is remarkable how resilient the global economy has proven to be despite the huge geopolitical shifts and tensions 2025 ...

Our safe call is that Kazakhstan will face slower GDP growth and faster inflation. The riskier one is that Uzbekistan will ...

Politics is the biggest risk for UK bond markets in 2026.

While recent trade agreements signal a de-escalation in tensions, they offer limited assurance that export growth will remain ...

A greater number of work days will lift 2026 GDP; we forecast 1.2% growth. Inflation disappointed at 2.2% in November, with ...

Europe is significantly lagging in the global race for artificial intelligence development. The continent hosts only a ...