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The Hungarian economy continued its slowdown during the third quarter of this year. We expect further weakness in the coming couple of quarters as…
FX markets are struggling to come to terms with last week's huge correction in global asset markets, which owed as much to one-way positioning as it…
It looks as though the Democrats are doing a little better than expected in the US mid-terms. This news looks unlikely to unlock some of the equity gains…
The dollar remains in correction mode and the market is watching the news from China regarding the approach to its Covid-19 policy. Today's market…
The dollar long squeeze on Friday was likely triggered by optimism on China's Covid rules. We suspect this is too premature, and macro factors…
Two central bank meetings will take place next week. For the National Bank of Poland, we see a 25bp hike to 7%, however it is a close call between that…
We see signs of a recession in the region in the hard data, but inflation has yet to peak. Central banks are thus resisting pressure to raise rates…
In the second quarter of 2022, Spanish property prices rose again by 8.0% year-on-year. Rising mortgage rates and a weakening economic outlook will dampen…
The Fed should hike by 75bp today, but markets appear divided on the degree of openness to slower tightening by Chair Powell. We suspect that lingering…
The market is preparing for the Fed meeting and the focus will be on US sentiment data today. RBA raises rates by 25bp to 2.85%, the highest since 2013.…