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We anticipate a change in the official deficit target - to 4.5% of GDP
In light of these new datapoints, we expect positive GDP growth in fourth quarter 2023
Korean authorities are testing longer trading hours on the won
FX markets continue to be bounced around by economic data and Fed speak
The focus in FX markets today will be on whether US employment continues on its benign downward path and represents the economy coming into ‘better balance’
The NBH maintained its previous 75bp pace of easing, sparking a hawkish surprise
Expectations of the first Fed cut in March continue to fade as the US data comes in on the strong side
The euro is starting to show clearer underperformance, and today's soft eurozone GDP data will not help
Developers need better strategic planning and policy support
FX markets are quiet ahead of a busy week of central bank meetings and big data releases