February 21, 2019
Politics – Russia: Globally assertive, improving locally.
We see the dispute between Europe, the US and Russia as a long-lasting one, which…
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February 21, 2019
Business cycle – Germany: Many more problems lie ahead.
According to the preliminary estimate for 4Q18, real GDP grew by 0.6% yoy, slowing from…
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February 21, 2019
FX outlook – Hungary: Forint.
The Hungarian forint has been recovering, since reaching a weak level of 326.5 against the…
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February 14, 2019
Politics – Romania.
The election campaign is heating up in Romania, as the parties are eyeing the European…
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February 14, 2019
FX – Poland: Zloty.
EUR/PLN exchange saw a mild weakening of the zloty from 4.2 to 4.3 in the first…
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February 7, 2019
Politics – UK: The risk of no deal is rising.
We have long held the view that, ultimately, the most likely outcome of the UK…
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February 7, 2019
FX – Russia: RUB stable, despite improving fundamentals.
The USD/RUB stood at 66.5 in January 2019, consistent with the fair value our model…
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February 7, 2019
Business cycle – US: The hottest country in the world.
In his state of the nation speech delivered last tuesday, President Trump made the point…
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February 1, 2019
Politics – Italian politics: At a very delicate juncture.
The political scene is about to enter a critical juncture, in our view, for all the three…
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February 1, 2019
Business cycle – France: Feeling unwell and with no fast pain relief at hand.
The first estimate of 4Q GDP showed that the economy grew by 0.3% qoq and…
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