Early G10 FX trends are skewed towards the USD, albeit with modest moves overall. AUD and NZD are seeing some slight underperformance (which followed some outperformance on Monday). Rhetoric around FX ...

The Mexican peso continues to trade on the back-foot today, after latest economic activity and bi-weekly CPI kept the door open for Banxico to step up the easing pace in the coming meetings. USDMXN is ...

Poland’s RES auctions sold 16TWh of electricity for PLN 5.1bn (€1.2bn) in 2024, with PV installations dominating the winning ...

Following last week’s stronger-than-expected October economic activity data, Itaú says that the recovery remains on track, supported by the improvement in real wages. In fact, they note that real ...

SONIA futures flat to -5.0 given the weakness in the long end.Little net movement in BoE pricing on the day, with ~61bp of cuts priced through ’25.The market-implied rate cutting cycle still looks a ...

Poland’s Jan 25 power contract climbed sharply on 23 Dec from the previous session to reach its highest since 6 Dec as large gains in European emissions and coal supported the contract. Temperatures ...

Despite relatively muted ranges across G10 currency markets, USDZAR has rallied 1.1%, clearing last week’s highs and extending the bounce off the December lows to around 5% in the process. Today’s ...

Spain has extended a temporary windfall tax on energy companies into 2025, with the law set to take effect on 1 January, albeit it still requires parliamentary approval within 30 days, the government ...

Speaking in a local radio interview, President Noboa said that the government is planning for the 2025 budget deficit to be in a $2.0-$2.8bn range, supported by one-off gains from oil and natural gas ...

North Sea Forties crude loadings were set at seven cargoes of 700k bbl each for February, according to a loading programme seen by Bloomberg.This is equivalent to around 175k b/d.This also compares to ...

Local assets remain under pressure on Monday, following the approval of a watered-down version of the government’s spending cut bill by the Senate on Friday, which has reduced expectations of fiscal ...

US President-elect Donald Trump delivered a wide-ranging 90-minute speech in Phoenix, Arizona on Sunday, doubling down on a new threat to bring the Panama Canal back under US control.Trump suggested ...