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Based on the first three quarters, 2023 will be a lost year. However, it will help to build a strong year next year
All eyes will be on the November jobs report in the US next week, while inflation takes the spotlight in Hungary
OPEC+ and soft eurozone inflation triggered a dollar rebound yesterday, but short-term rates spreads were already pointing to a weaker EUR/USD before then
A snapshot of the latest developments in the global economy
Central banks in the region should continue the cutting cycle but each in its own way. Inflation is back to single digits but a return to the central…
The further decline in USD rates means that it will now be up to activity data to trigger a recovery in the dollar
Signs that the Fed is more relaxed over inflation are weighing on the dollar
The dollar is soft, but it looks too early to expect prolonged losses
Next week features inflation figures in the US and the eurozone, alongside details of third quarter GDP data for Hungary and Poland
The job market is still in good shape, but cooling slightly