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In FX markets, signs of a shift towards Biden saw the JPY options volatility curve drop about 0.8 vols, suggesting fears of a contested election were…
After an extreme increase in June, wage growth dipped back to ‘normal’ levels in July - that's if you call a double-digit salary increase…
The labour market has continued to improve after the initial pandemic-induced shock. However, second-round effects will hit the market in the autumn as…
Manufacturing is expected to improve in Hungary and the Czech Republic, but keep an eye on unemployment, inflation and GDP data releases throughout EMEA
FX markets have stabilised but the rise in Covid-19 cases and the prospect of new lockdown measures suggests limited upside potential to cyclical FX
The Hungarian current account balance caused an upside surprise in 2Q20, but still shows the widest deficit since end-2008. We see improvement ahead
Turkey, Hungary and the Czech Republic are all set to keep rates on hold next week, however we may see a 25 basis point rate cut in Mexico. Most central…
With inflation being higher than expected we see Hungary's central bank focusing more on price levels rather than supporting a vulnerable economy at…
The central budget deficit increased further, to HUF 2.26 trillion, in the first eight months of 2020. This is in line with the Finance Ministry's…
The August set of inflation data was a mixed bag. While the acceleration in headline inflation eased, this was due to non-core elements. Core inflation…