Policy

13 May 2026
Redbook Surge and Hot US Data Dent June Rate-Cut Bets, Prompting Hedging Shift

United States Redbook Index climbed to 9.6% year-on-year on May 8, up from 7.8%.

12 May 2026
US ADP four-week average slips to 33K, reinforcing expectations of deeper Fed rate cuts

US ADP employment change 4-week average fell to 33K on April 18, down from 39.25K.

12 May 2026
Brazil inflation undershoots forecasts, fuelling bets on BCB rate cut and weaker real

Brazil’s April IPCA inflation eased to 0.67%, undershooting forecasts of 0.7% by 0.03 percentage points.

12 May 2026
Spain’s 9-month Letras yield rises to 2.514% as inflation revives ECB tightening expectations

Spain’s latest 9-month Letras auction saw average yields rise to 2.514%, up from 2.461%.

12 May 2026
Spain 3-month Letras yield edges higher, reinforcing hawkish ECB outlook and firmer euro rates

Spain’s Treasury sold 3-month Letras at auction, with average yield rising to 2.154% from 2.111%.

12 May 2026
Spain’s three-month bill yield edges higher as ECB caution lifts short-term borrowing costs

Spain’s 3-month Letras yield rose to 2.154% from 2.111%, slightly increasing short-term borrowing costs.

12 May 2026
Bundesbank’s Nagel flags two near-term ECB rate rises as euro slips against stronger dollar

Bundesbank’s Nagel signals two ECB rate hikes; euro steady, June decisions data-driven amid inflation expectations watching.

9 May 2026
Hungary Inflation Stays Sticky as Markets Price Possible Rate Rise and Forint Volatility in 2026

Hungary’s inflation rose in April; CPI hit 2.1% yearly, with steady rates expected through year-end.

9 May 2026
IMD sees below-average monsoon as El Niño risk tests agriculture, while RBI set to hold rates

India forecasts 2026 monsoon 8% below average; El Niño, heatwaves threaten crops, prices; RBI likely holds rates.

9 May 2026
Wells Fargo Sees US CPI Firm, Reinforcing Higher-for-Longer Rates as Energy and Services Bite

Wells Fargo sees April CPI firming: headline 3.8%, core 2.9%, with elevated energy and shelter.

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