The University of Michigan’s just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&P…
Markets Aren’t Looking for Rates to Come Down Before 2028
Source: Macrobond, ING
This is where we disagree.
Yes, the ECB may well hike again this summer. But the bigger story is that across the US, Europe and Britain, we think rates…
President Joseph Nyuma Boakai has called on Africa and the international community to redefine the global conversation on reparations for the transatlantic slave trade, arguing that justice for one of history's greatest crimes against…
Morocco captain Achraf Hakimi will stand trial for rape, French prosecutors have confirmed. A woman accused the Paris St-Germain defender of raping her at his home in the French capital in 2023, when she was aged 24. The public…
Trump surprised everyone by signing an agreement with Iran while he was in France last night, two days ahead of the planned signing in Switzerland on Friday. The market reacted immediately, with falling 4% and stock futures jumping. The…
The US and Iran have signed a preliminary MoU outlining a ceasefire, some economic concessions and the reopening of the Strait of Hormuz, triggering market relief but marking only the start of negotiations rather than a final deal
Now…
Rising tensions between Tigray People’s Liberation Front (TPLF) hardliners and the Ethiopian government have threatened to reignite the conflict in northern Ethiopia and undermine peace and security across…