fxstreet.com 05 Feb, 2021 13:15 am

Light at the end of the tunnel increasingly brighter

Light at the end of the tunnel increasingly brighter
On the COVID front most European countries are seeing improvement but governments across Europe are walking a tightrope where cases will likely rise a

In the Euro Area, Q4 GDP contracted -0.Core inflation increased to a 5-year high in the euro area in January as the temporary VAT cut in Germany fell out and CO2 pricing is kicking in.The Bank of England meeting drew more attention than usual as they assessed the question of negative rates.While the BoE does not rule out negative rates all together, it does not seem to be the strategy for now, supporting our expectations of no cut into negative.

In New Zealand, life is pretty much back to normal except for some very strict travel restrictions.We have taken a closer look at post-COVID consumption in New Zealand.

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