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CEE economies are bracing themselves for a slow recovery. But as unemployment is set to rise and high inflation isn't an issue any longer, more…
Expect the Fed to err on the side of caution given the uncertainty about the recovery. We think the potential indication of a 2022 hike in the new…
After an historical collapse a month ago, Hungarian headline inflation decreased again in May. As lockdown measures ease, we think inflation will increase…
The broad-based dollar decline has slowed as investors await a decision from the Federal Reserve tomorrow. But we see more weakness ahead
The Hungarian central budget deficit increased further to HUF 1.05tr in the first five months of 2020. Most of the newly accumulated deficit is related to…
Central banks typically engage in bond buying as a last resort, when the official rate has hit zero. Not in emerging markets. Here, some central banks…
President Trump has breathed new life into his trade war by again threatening to hike import tariffs on EU cars. The chances that Trump will follow up on…
Industry has collapsed in Hungary. We have never before seen a back-to-back double-digit drop in industrial production. We are living through an historic…
A data-heavy week in EMEA and Latam which should show the extent the pandemic has hammered industrial production in the Czech Republic and disrupted the…
Retail sales collapsed by 10.2% in April as lockdown and curfew measures affected economic activity. Three years of turnover disappeared in just a month
