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No one expects any changes at the SNB today, us included; we think policy will be on hold until 2024. The CHF will strengthen to the end of the year, but not enough to warrant...
PPI inflation is proving stubborn, while CPI inflation is just getting started. Services inflation continues to rise, despite the broadening Delta scare. Trade figures...
Robust M1 growth points to solid GDP growth in the Eurozone, once the dust settles from reopening. Loan growth is slowing, but that's mainly due to base effects; the underlying...
The Eurozone's external surplus rebounded at the start of Q2.
We're Lifting our Forecasts for Spanish GDP Growth in 2021
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