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Hungarian headline inflation dropped further in November on the back of fuel prices and free public parking. And in the first quarter of 2021, we expect…
Time is running out for a Brexit deal to be struck and the pound is vulnerable
The EU council meeting on Thursday is likely to have a bigger impact on European currencies than the European Central Bank meeting on the same day. We…
Next week is all about Europe, with a "super Thursday" that includes an ECB meeting (a QE expansion is widely expected) and an EU summit which…
Data releases across the EMEA region next week are expected to show that economies have stagnated in response to the second lockdown. Keep an eye on…
Industrial production yet again surprised on the upside. The sector is proving to be the stronghold of the economy in the second wave of Covid-19
The benign dollar decline is good for world growth, exporting as it does low US rates around the world and allowing the Rest of the World to run looser…
We think a slowdown in US job creation is already priced in. Expect higher USD rates as the market sets up for next week's supply. Positioning and the…
Positive vaccine news leaves little doubt that 2021 will be much brighter than 2020. But with mass vaccination programmes likely to take time, tight…
The retail sector has been unable to match the unreasonably high market expectations for three months in a row. The return of telework and uncertainty…
