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Two key themes have played out in FX markets so far this year; the commodity price boom and central banks looking at conventional normalisation policies.…
The reopening effect hasn’t reached consumer price statistics just yet in Hungary despite anecdotal evidence fuelling expectations. Even though…
It should be a fairly calm day in FX markets today, ahead of the May US CPI and the ECB meeting tomorrow. EUR/USD is unlikely to deviate much from the…
The extremely high year-on-year reading for Hungarian industrial production says more about the severity of last year’s dip rather than the…
Despite the reopening, the central budget posted a significant shortfall in May. Expenditures are mounting on a new set of measures to re-start the economy
By Robert Carnell
The G-7 agrees a 15% minimum tax rate - and aims to push this out to the G-20. But this will have no impact on anywhere of size in Asia
Russia's central bank meeting is the key thing to watch in an otherwise busy week for data in the EMEA region
Despite a 10.6% year-on-year increase in retail sales volume, this was a massive disappointment. The sector's downward trend continues
The Statistical Office revised up the first-quarter GDP growth for Hungary to 2.0% quarter-on-quarter. The strong start and details suggest we are likely…
Several releases from Hungary should maintain the optimistic sentiment next week while price pressures in Turkey are likely to remain but GDP data should…
