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On the radar In Slovenia, industrial production grew 3.5% y/y in October. In Romania, November’s inflation landed at 5.1% y/y. Otherwise, there are no other releases scheduled for today. Economic developments Labor hoarding, coupled with structural and persistent low growth, could eventually result

Bashar al-Assad's regime fell over the weekend, Korean lawmakers prepare another impeachment attempt against their President who narrowly avoided removal after briefly imposing martial law last week, and France remains without a new PM nominee. As such, the US dollar is stronger on safety demand and

A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an increase in the credit risk premium on longer-term French sovereign bonds. A further uptick in French so

Markets Stock market operators across the major US indices hit pause overnight, steeling themselves for potential turbulence as the Labor Department prepares to release the pivotal November jobs data later on Friday. The upcoming report, the last before the Federal Reserve's December rate decision,

Bank of Japan (BoJ) board member Toyoaki Nakamura said on Thursday that “I am not against rate hikes but feel the decision should be data-dependent." Additional comments There will be plenty of data coming out before BoJ’s December meeting including Tankan, so want to scrutinize them in deciding whe

EUR/USD declines on Monday as the French government faces a potential vote of no confidence. The US Dollar strengthens due to Donald Trump’s threat to hit BRICS countries with 100% tariffs. Dovish commentary from ECB’s Martin Kazaks adds to the negative sentiment around the Euro. EUR/USD is trading

In a recent column, we addressed the question of recent sharp depreciation of the Hungarian forint exchange rate, asking if the central bank (MNB) might have to intervene as an emergency. The Hungarian forint’s depreciation is accelerating, even versus a weak euro; and the underperformance versus ea

The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10% over the last decade, TDS’ Senior Commodity Strategist Daniel

The US Dollar Index (DXY) rallied to a fresh two-year high after Eurozone PMI data suggested the region’s economy is contracting. The US Dollar is also supported by safe-haven flows amid escalating geopolitical risks in the Russia-Ukraine war. The US Dollar Index pops above 108.00 and eases slightly