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The recovery is delayed, but not derailed. Although coming later than expected, we still look for a meaningful rebound from the second quarter. Our…
Concern that the US fiscal package may be delayed until at least mid-March is weighing on sentiment and boosting the dollar
The key focus next week will be a policy decision from Hungary, where the central bank seems to be in wait-and-see mode. Also, keep an eye on some labour…
While headline inflation remained steady in December, core inflation moved above 4% again, confounding the doves who expected a rate cut
As the government saw real fiscal room by year-end compared to the deficit goal, it decided to open the money taps. And there was no modesty in this
Data releases across the EMEA region include inflation and retail sales out of the Czech Republic, as well as news from Hungary on the budget, inflation…
After six months of constant growth, industrial production dropped on a monthly basis in November. Despite the winter shutdowns, we still see industry…
With fiscal deficits set to remain high, the aggregate debt/GDP ratio for emerging markets governments is set to rise further, from around 60% in 2020…
Despite the stricter containment measures in November, the retail sector was able to weather the storm, continuing its gradual recovery
Markets stabilised overnight as investors focus on the prospects of a vaccine and the eventual global economic recovery
