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Rate differentials are supporting the dollar today, but JOLTS data could see dollar gains reverse
Romanian inflation could keep rates higher
A busy week ahead in the EMEA region features a policy decision from the NBP, retail sales in Hungary, and the release of annual inflation figures in Turkey
Hungary's gloomy outlook hasn't brightened much as we await key data
The negative momentum in Hungary’s labour market continues
In Sweden, the Riksbank should stay on hold and – in our view – not fully endorse rate cut expectations for the first half
The National Bank of Hungary cut the base rate by 75bp, and delivered a hawkish message for the second quarter ahead
Markets are navigating much calmer waters after last week’s action
Overnight activity suggests Chinese authorities are not allowing a new period of renminbi weakness
The Fed's favoured measure of inflation and the National Bank of Hungary's upcoming meeting are in focus next week