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Despite a record high monthly deficit in October, the budget is still on track to be in line with the year-end target even with the newly announced measures
Third quarter GDP data across the EMEA region next week is likely to reflect an improvement in economic activity. However, with the second wave of…
Déjà vu. Like we saw in August, the retail sector let us down while industry surprised on the upside in September. The volume of output…
The CEE region is feeling the heat of the second Covid wave. But with less severe restriction, the economic hit should be less painful too. We also think…
After a downside surprise in the previous month, September brought a similar story. Consumption has already been weakening and a difficult winter is still…
Policymakers have also been presented with an unprecedented opportunity to shape the economic recovery in a more climate-friendly way. In this report, we…
PMIs across the CEE region (except Russia) signal an ongoing recovery and improving conditions in industry, which is in line with the improving October…
The fact that the 3.5% sell-off in US equities has hardly caused a ripple in FX markets this morning is very surprising. Some pro-cyclical currencies are…
The dollar has been surprisingly soft this week, seemingly driven by the on-again-off-again prospect of a fourth fiscal stimulus package. But also helping…
Central bank meetings take place in Hungary, Russia, Ukraine and Turkey next week but most are expected to stay on hold