Recent weeks have seen a build-up of Russian military forces on Ukraine’s borders and in illegally occupied Crimea, with not only an escalation of tensions and rhetoric, but also an increase in fighting and fatalities, on both sides. What lies behind...

Overview: Like the dog that did not bark, the long-term US yields tumbled despite data that confirms the acceleration of the US economy and labor market. The Australian dollar reached $0.7760 yesterday, its best level since March 19, but is consolida...

US media reportedthat the Biden administration may announce today wider Russian sanctions involving both diplomatic measures, such as the expulsion of diplomats, and a ban on the participation of US financial institutions in the primary placement of ...

Russia’s current account surplus fell not only below expectations but also below the 1Q20 surplus of $23bn despite the average oil price recovering to $60/bbl in 1Q21 from $51/bbl in 1Q20. The y/y difference in the surplus figure corresponds to lower...

Overview: Risk appetites have not returned from the weekend. The Dow Jones Stoxx 600 has a six-week rally in tow but is off almost 0.25% through the European morning today with all the sectors under waters but utilities. Gao Fu, the Director of China...

Israel's cyberattack against the Natanz nuclear facility in Iran, maritime attack against the Saviz vessel in the Red Sea, and airstrikes against Iranian-linked assets in Syria all point to a more intense phase of conflict with Iran that coincides wi...