EU Court Advisor says they should stop the release of c. EUR 10bln in funds for Hungary
The EU Court Advisor's recommendation to halt the release of approximately EUR 10 billion in funds for Hungary signals escalating tensions and potential ramifications for EU cohesion.
South African Gold Production YoY (Dec) Y/Y 1.1% (Prev. -6.0%, Rev. From -6%)
South African Mining Production YoY (Dec) Y/Y 2.5% (Prev. -2.7%)
EU Court Advisor says they should stop the release of c. EUR 10bln in funds for Hungary
IEA cuts 2026 global oil demand growth forecast to 850k BPD (prev. 930k BPD); cuts 2026 global oil supply growth forecast to 2.4mln BPD (prev. 2.5mln BPD)
Goldman Sachs sees a boost to mine supply growth slowing considerably in 2027/28 which would the ex-China market into deficit
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This decision could impact the Hungarian forint negatively, while also influencing broader market sentiment related to EU fiscal stability and investor confidence in the region.
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