Markets Central banks/authorities in Central-Europe walk the talk. The Polish central bank yesterday and two days ago intervened in FX markets to support the ailing zloty. There were no amounts specified. Additionally, the Polish government showed readiness to convert euro proceeds (coming from EU funds) into zloty’s directly via the market instead of via the […]
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Thanks to the work of Apple, Microsoft, Google, Amazon, Oracle, and others in the late 1990s and early 2000s, Silicon Valley became the engine of industrial growth for the U.S. Besides all of the useful technology Read more…
Eurozone headline CPI was finalized at 2.2% yoy in April. CPI core, which excludes energy, food, alcohol, and tobacco, accelerated, to 2.7%, up from 2.4% previously. Services remained the primary driver of inflation, contributing 1.80 Read more…
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