Commentary
Add as a preferred source on GoogleThe Hungarian central bank (MNB) has been cutting interest rates in small steps. This has been justified as there is actually deflation now in Hungary (despite higher growth) and there is certainly a risk of further defl…
The Hungarian central bank (MNB) has been cutting interest rates in small steps. This has been justified as there is actually deflation now in Hungary (despite higher growth) and there is certainly a risk of further deflation in the coming months.
Danske Bank notes as follows on Thursday....
We expect inflation to pick up somewhat - mostly on base effects. This limits the scope for further rate cuts but, on the other hand, continued forint appreciation could reopen the door to such action.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
