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FX weekly: What #Euroboom?
Talks of a #Euroboom have intensified after strong numbers and a spike in inflation. It will be easier for the ECB to explain away inflation as “transitory”, than it is for the Fed. Credit impulse data suggest that the global economy is slowing! “Soldiers generally win battles; generals get credit for them” – Napoleon Bonaparte Biden is currently struggling big time and it is probably only Armin Laschet who carries a worse polling momentum than China Joe. We are afraid that Biden feels like he needs a victory soon as Americans are already getting tired of losing. The new potential US-Taliban alliance versus ... (full story)