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CEE MARKETS-Polish zloty hovers near two-week high after EU ends rule of law procedure
Reuters via Yahoo Finance UK· 2 months agoThe European Union's executive arm is to end six years of rule of law proceedings against Poland, Commission President Ursula von der Leyen said on Monday. "The EUR/PLN exchange rate starts ...
CEE MARKETS-Forint holds steady as markets await central bank meeting
Reuters via Yahoo Finance UK· 3 months ago"After the dollar sent the forint lower last week, I expect the currency to spend this week in a wait-and-see mode as investors are already looking ahead to the central bank rate meeting," an ...
CEE MARKETS-Forint falters as strong dollar hits FX
Reuters via Yahoo Finance UK· 3 months agoA higher-than-expected U.S. inflation print this week forced traders to adjust their rate cut bets, and Federal Reserve officials said that there was no urgency to ease rates. "(Due to) a repricing ...
CEE MARKETS-Hungarian forint nudges up from year low hit on central bank-government rift
Reuters via Yahoo Finance UK· 4 months ago"All technical indicators suggest a correction after yesterday's plunge," an FX trader in Budapest said. The currency fell on Tuesday after the National Bank of Hungary doubled down on its criticism ...
Poland Keeps Rates Steady Despite Lower Inflation Prospects
Bloomberg via Yahoo News UK· 4 months ago(Bloomberg) -- Poland’s central bank held interest rates steady for a fifth month in the face of...
Millennium bcp's 2023 profit hits record, dividends to resume
Reuters via Yahoo Finance UK· 4 months agoPortugal's largest listed bank, Millennium bcp, said on Monday its profit soared more than four times to a record 856 million euros ($929 million) in 2023, boosted by high European interest ...
Poland Keeps Key Interest Rate Unchanged
Bloomberg via Yahoo News UK· 5 months ago(Bloomberg) -- Poland’s central bank left its benchmark interest rate unchanged for the fourth consecutive month as markets and policymakers weigh...
EMERGING MARKETS-Stocks sputter on China property sector woes, Hungary in focus
Reuters via Yahoo Finance UK· 5 months ago* China's 10-year bond yields drop to lowest since 2002 * Hungary expected to deliver 100 bps rate cut * Czech economy rises 0.2% in the fourth quarter * EM stocks down 0.7%, FX up 0.2% By Amruta ...
CEE MARKETS-Uncertainty over rates for bank loans weighs on forint
Reuters via Yahoo Finance UK· 5 months agoLast week Hungary's central bank criticised Prime Minister Viktor Orban's proposal to replace Budapest interbank rates with a much lower benchmark for new corporate loans as part of efforts ...
CEE MARKETS-Central bank pushback against lending reform reins in forint from three-month lows
Reuters via Yahoo Finance UK· 5 months agoBy Boldizsar Gyori BUDAPEST, Jan 25 (Reuters) - Hungary's forint rebounded from three-month lows on Thursday after the central bank said the government's plan to replace Budapest interbank rates ...
