Europe’s most energy‑intensive sectors have been hit hard, but the 2022 crisis lowered oil and gas dependence and left firms ...

In January, the current account recorded an unexpectedly high surplus of €1,153 million (consensus: -€295 million, our ...

With both upside and downside risks to Swiss inflation, the Swiss National Bank is likely to keep interest rates unchanged on ...

The EMEA region has been one of the hardest hit on the back of the energy shock, with both currencies and short-dated interest rate markets taking the strain. However, we are not looking for any ...

In emerging markets, Hungary dominates the CEE story ahead of major elections in April. In Asia, Indonesian and Philippine FX appear more vulnerable to the energy shock. And if conditions calm, ...

Pricing in production sectors has winners and losers. Nevertheless, the current turmoil in the Middle East will bring price ...

Aluminium Bahrain (Alba) has initiated a phased shutdown of reduction lines 1-3, representing around 19% of its 1.6Mt annual capacity. Meanwhile, Qatalum is currently operating at roughly 60% of ...

In Asia FX, Indonesia and the Philippines look the most vulnerable, while Singapore and China could outperform ...

Brazil's real may have the most potential to bounce back should the crisis abate. Chile's peso looks more vulnerable ...

There are few signs of de-escalation or a resumption in energy flows from the Persian Gulf. We have updated our scenarios for oil and gas markets ...

Aluminium Bahrain (Alba) has initiated a phased production shutdown, citing ongoing supply and transit disruptions stemming from the closure of the Strait of Hormuz. The company said it shut three ...

Thursday's European Central Bank meeting could also prove mildly hawkish. But the difference to the Fed is that the market already prices close to 50bp of ECB rate hikes this year. In turn, the bar is ...