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Tag: Purchasing Manager Index

European stocks eye worst day in over a month on looming energy crisis

European shares were on Monday set for their worst day in more than a month as worries about tightening gas supplies from Russia, hawkish signals from the European Central Bank and weak economic outlook weighed on investors’ minds.

Crown, forint expected to firm as interest rates rise

The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates to curb inflation during the post-pandemic economic recovery, a Reuters poll showed on Thursday.

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