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Anti-Orban protests surge in Hungary

Bloomberg Hungarian anti-government demonstrations showed no sign of abating after almost a month of rallies that have snowballed from workers’ demands to scrap a law on more overtime hours to a call for the end of Prime Minister Viktor Orban’s illiberal rule. After a holiday lull, thousands of people gathered in Budapest to resume the most sustained protest wave against ...

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US bond yields pull off lows as Fed embarks on listening tour

Bloomberg Strong data and soothing words pulled markets out of a tailspin last week, and Federal Reserve Chairman Jerome Powell and his colleagues have plenty of chances next week to bring traders closer to policy makers’ viewpoint on interest rates. Surprisingly robust US labour figures helped close some of the gap between investors and the Fed’s projections, which imply two ...

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Brexit talks to set pound fortunes

Bloomberg Brexit will return as the dominant driver for the pound next week as Parliament debates UK Prime Minister Theresa May’s divorce deal. Sterling lost over 5 percent in 2018 as fears of a hard exit from the European Union grew, and the currency’s direction this year will depend on whether lawmakers will be able to avoid the UK crashing ...

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