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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…
In rates the diverging paths of the US and Europe will remain a theme for some time to come. One element is the EU's political struggles surrounding…
The Statistical Office made a minor change to GDP growth, revising the record to 11.4% quarter-on-quarter. But all that glitters is not gold
The almost double-digit wage growth continues in Hungary, but the public sector is slowing the pace of growth. Expect a fierce debate around minimum wage…
We expect USD to stay on a gentle downtrend as the prospect of the Fed adding more liquidity if needed should keep a floor below risk assets and the US…
Quite a busy week of data ahead for the EMEA and Latam regions. Watch out for GDP data, some CPI releases and industry data which will reveal what impact…
The monthly labour market statistics are telling the story of an economy which has already been feeling the effects of the second wave of Covid-19
A snapshot of FX positioning after the US election and vaccine rallies shows that G10 low yielders (EUR, JPY and CHF) have the largest net-long positions…
The week ahead ends with the Thanksgiving holiday in the US and with Black Friday, with the hope of positive signs from consumer spending. Otherwise,…
A relatively quiet week ahead in the EMEA and Latam region, but keep an eye on unemployment figures from Hungary and Poland, as well as GDP figures out of…
