ISM Manufacturing Index Shows Sector Stalled in March, While Price Growth Surged

The ECB meeting next week is expected to end with yet another 25bp rate cut, bringing the policy rate to 2.5%, 150bp lower than the peak last year. While the cut decision is relatively straightforward, divergences in the ECB GC members’ assessment of the policy stance is starting to show, thus a key question will […]

We take a look at tariffs enacted so far, what is expected to come into effect on April 2nd and what could be on the menu next. We provide an overview of the expected direct impact on US GDP without retaliation or sentiment effects. While tariffs on individual countries or product groups have usually only limited […]

Impending potential fiscal stimulus measures are supporting the recent two days of rallies seen in the Nikkei 225. Technical analysis with TOPIX sector rotation suggests a likely start of a major impulsive up move sequence on the Nikkei 225. The biggest risk for Nikkei 225 bulls is likely the main CDP opposition party mounting a […]