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FOMC minutes as a communication tool against easing expectations should keep the US dollar supported. German recession is becoming inevitable. Sterling…
The week starts with focus on China's 10bp cut in its one-year Medium-Term Lending Facility (MLF). Rather than rallying on the prospect of stimulus,…
A busy week next week for Poland with inflation and GDP readings. In Hungary, we expect the 2Q GDP reading to be the last quarter-on-quarter reading this…
Softer-than-expected US price data this week has lifted risk assets around the world, especially in the emerging market space. The highlight of…
Your daily roundup of commodities news and ING views
Global risk assets enjoyed strong gains yesterday on the softer than expected US July CPI. Investors have read the data as a reason for the Fed to go…
While the US is sticking to good old inflation spotting, Europe is preparing for the next round of the gas story. EUR/USD will remain under US domination,…
The last time Hungary’s headline inflation was this high, the sci-fi movie Armageddon was in theatres. Quite fitting, given the peak of inflation is…
Markets are enjoying some temporary calm and cross-market measures of volatility are sinking back to levels seen in early June. Barring an explosive US…