Hudson

On the radar Yesterday, the National Bank of Serbia left its policy rate unchanged at 5.75% Net wage growth in Romania arrived at 5.2% y/y for July, with current account data release scheduled also for today. At 9:00 CET, Slovakia also publishes wage dynamics. Serbian inflation for August will be pu

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Important news for the day Wed, 10th, 14:30 CET US Producer price index. French protests After the failure of the government in France protests are expected to pick up stea today. About 80.000 police officers are prepared to act as riots in the country are expected to continue also today. The anger

The Canadian Dollar shed nearly 0.3% against the Greenback on Tuesday.US data is driving the broader market as NFP revisions stoke Fed rate cut hopes.The US economy added nearly a million jobs fewer than expected during the review period. The Canadian Dollar (CAD) backslid on Tuesday, driven lower b

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The US Dollar extends losses to 0.7950, weighed by hopes of a more aggressive Fed easing cycle.Weak US Labour data has raised speculation of a 50 bps Fed cut next week. SNB President Schlegel has cooled expectations of negative interest rates. The US Dollar trades lower for the second consecutive da

The People’s Bank of China (PBoC) added gold to its reserves in August, extending purchases of bullion into a 10th straight month, official data showed on Sunday. China's gold reserves stood at 74.02 million fine troy ounces at the end of August, up from 73.96 million at the end of July. They were v

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Tuesday’s Euro Area inflation figures should provide the ECB with further ammunition to end its cutting cycle. The main inflation measure unexpectedly remained unchanged at 2.3% in August according to the preliminary figures (2.2% estimate), while the core number ticked up to 2.1% (from 2.0%). The G

The Japanese yen is sharply lower on Tuesday and has fallen to a two-week low. In the European session, USD/JPY is trading at 148.62, up 1.0% on the day. BoJ Deputy Governor says rate hike coming Bank of Japan Deputy Governor Ryozo Himino said on Tuesday that the central bank would raise rates if co