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The National Bank of Hungary moved the base rate by +100bp to 11.75%, as expected. The newly announced measures to reduce the excess liquidity will help…
It seems the Fed is not particularly displeased with the market reaction to Friday's hawkish Jackson Hole speech from Fed Chair, Jay Powell. Here,…
We're expecting a 100bp rate hike from Hungary's central bank next week, as well as some strong growth figures in Turkey
We expect the Hungarian central bank to continue its decisive tightening with another 100bp hike next week. Our updated inflation outlook leads us to…
While wage growth remains strong, there are signs that the unemployment rate is rising. This weakening could be because companies are slowly starting to…
The dollar is slightly softer today as the People's Bank of China (PBoC) seemed to issue a protest against recent renminbi weakness with a stronger…
The Jackson Hole Symposium kicks off tomorrow, and while PMIs sent grim signals on the economic outlook, markets are broadly holding on to their hawkish…
The dollar is enjoying an ideal combination of conditions that support it staying below parity, while the euro will see another PMI drop today, supporting…
The dollar continues to perform very well. It remains buoyed by a hawkish Fed and also by the travails of major trading partners which are suffering more…
Last night's release of the 27 July FOMC minutes was perhaps not the financial market bombshell that some were thinking. Yet we read three important…