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…
The 10yr yield is up, back to the 4.45% area. The rise in the 10yr yield came from a bigger pop in the real yield versus the fall in breakeven inflation. Long-dated yields are liable to remain sticky to the upside. In the UK, we think…
The May retail sales report showed US consumers continue to spend despite weak sentiment and squeezed household finances. As such, second quarter growth should show a re-acceleration after a couple of subdued quarters.Spending Remains…
We had warned in April 2024 that the political partnership between President Diomaye Faye and Prime Minister Ousmane Sonko in Senegal might not stand the test of time. Their falling out after two years has vindicated that prediction,…
Retired British couple Jane and Alan Kelvey spoke to BBC's Newsnight after coming into close contact with Russian frigate the Admiral Grigorovich on Tuesday morning."They gave out five blasts on their horn, which means, have you seen…
Three litres of surface water will be collected from seven publicly accessible riverside locations along the Thames - Teddington, Westminster, St Katharine Docks, Limehouse, North Woolwich, Tilbury and Southend - before being filtered at…
The newly minted US–Iran ceasefire is only a day old, but markets reacted positively. and Treasury yields fell, and stock prices surged in Monday’s trading. It’s encouraging early vote of confidence, although the economic effects of the…
With 97.4% of CME FedWatch traders pricing a rate hold, the FOMC decision due Wednesday carries no arithmetic surprise. The market test begins at 2:30 p.m. ET on June 17, when Kevin Warsh steps to the podium for his first press…