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Key events in developed markets and EMEA next week
Next week we will get US jobs figures. We remain nervous about the outlook for jobs, but this will take time to be reflected in payroll numbers. In Hungary, we expect the fall in energy prices to affect the trade balance positively. US: If there's a May hike, it will be the last. Financial markets remain split on whether the Federal Reserve will hike interest rates one last time at the 3 May Federal Open Market Committee meeting. Officials have been non-committal so far, preferring to wait for the data and evidence on how the threat to financial stability from recent banking sector turmoil unfolds. The key numbers ... (full story)