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Wage growth slowed somewhat in March but remains quite strong. However, consumption will be fuelled by savings accumulated during the lockdown
Ahead of long weekends in the US and the UK, the focus today could well be on US deficits. Here the Biden administration is expected to unveil its full…
Despite easing containment measures from April onwards in Hungary, the unemployment rate increased, reflecting late labour market feedback from the third…
The RBNZ surprised overnight and signalled a clear hawkish bias. This is set to benefit NZD. ECB officials are pushing against the notion of any imminent…
The week has started well for global equities and commodities, resulting in some pressure on the dollar - which continues to receive no help from Fedspeak…
In addition to Croatian GDP, expect Hungary's central bank meeting next week to be an uneventful occasion while the Russian central bank will maintain…
Emerging Market sovereign bonds have shrugged off the troubles of their eurozone peers. But rising Bund yields weigh on appetite for longer maturity bonds…
News from the FOMC minutes that a number of participants felt that tapering of asset purchases might be discussed at upcoming meetings could have given…
By not pushing its key rate close to zero, the National Bank of Romania (NBR) has now just a bit more time to act than its regional peers. While risks for…
Defying all expectations and the third wave of Covid-19, the Hungarian economy put in an extraordinary performance in the first quarter. This gives a…
