Hungary’s path to Euro adoption

On the radar Industrial production in Romania declined by -3.4% y/y in August. Inflation rate in Slovakia landed at 3.1.% y/y in September while in Croatia inflation was confirmed at 4.7% y/y. Today, Czechia will release producer prices in September while Serbia will show current account balance for August. Economic developments Today we highlight Hungary and the latest Hungary…

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US Dollar Stumbles as AI Boom Wobbles. Forecast as of 16.10.2026

2026.10.16 2026.10.16 US Dollar Stumbles as AI Boom Wobbles. Forecast as of 16.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ American exceptionalism has been fueled by AI. Thanks to the artificial intelligence boom, the S&P 500 has delivered double-digit returns for four consecutive years, while the US economy has outperformed its global peers. However, a glitch in the system has dealt a blow to…

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Extends recovery to near 1.3300 ahead of Fed Warsh’s speech

The British Pound (GBP) is marginally higher to near 1.3285 against the US Dollar (USD) in the Asian trade on Friday, extending its Thursday’s strong recovery move. The GBP/USD pair has bounced back sharply from its fresh 10-month low of 1.3137 posted on Wednesday at the expense of the US Dollar. As of writing, the US Dollar Index (DXY),…

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Japan’s Katayama says unable to comment on need for additional budget

Japanese Finance Minister (FM) Satsuki Katayama said on Friday that she could not comment on whether an additional budget would be necessary. However, she noted that if additional budget were required, it would focus on addressing urgent policy priorities. Key quotes Unable to comment on need for additional budget. Additional budget, if needed, will focus on urgent policy priorities. …

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