XM does not provide services to residents of the United States of America.
E
E

EURHUF


News

Stocks, FX steady ahead of US data; geopolitics in focus as rouble falls

EMERGING MARKETS-Stocks, FX steady ahead of US data; geopolitics in focus as rouble falls Updated at 0840 GMT Rouble weakens past 92 per dollar Fitch downgrades Israel's credit rating MSCI reclassifies Kenya indexes MSCI EM stocks, FX indexes both up 0.06% By Lisa Pauline Mattackal Aug 13 (Reuters) - Emerging market stocks were little changed on Tuesday as investors awaited key data this week for clues on the health of the world's largest economies, while the rouble continued to weaken as Russia
E
E
U
U
U
U
U

Czech crown leads regional currency gains as inflation ticks up

CEE MARKETS-Czech crown leads regional currency gains as inflation ticks up BUDAPEST, Aug 12 (Reuters) - Central European currencies firmed on Monday, with the Czech crown leading gains as investors digested inflation data which came in above expectations, cementing bets the Czech central bank will keep monetary policy unchanged. Czech inflation ticked up , topping forecasts in July at 2.2%, underpinning expectations that the central bank, which next meets on Sept.
E
E
E
U

Stocks steady, Czech crown strengthens after inflation data

EMERGING MARKETS-Stocks steady, Czech crown strengthens after inflation data Updated at 0850 GMT Czech, Romanian inflation both stronger than expected in July Reuters reports billions in dollar and euro notes reach Russia Shekel falls as Hamas casts doubt on ceasefire talks Adani Group shares slip after Hindenburg report By Lisa Pauline Mattackal Aug 12 (Reuters) - Emerging market stocks broadly rose on Monday as attention shifted to key data later in the week for clues on global economic growth
E
E
U

Forint adds to gains as higher-than-expected CPI cools rate cut bets

CEE MARKETS-Forint adds to gains as higher-than-expected CPI cools rate cut bets By Anita Komuves BUDAPEST, Aug 9 (Reuters) - Central European currencies strengthened against the euro on Friday, with the Hungarian forint leading the gains due to continued support from higher-than-expected July inflation data that dampened rate cut expectations, analysts said.
E
E
E
U
U

Latam assets higher as U.S. data eases recession worries; Mexican peso jumps ahead of rate decision

EMERGING MARKETS-Latam assets higher as U.S. data eases recession worries; Mexican peso jumps ahead of rate decision Updated at 1515 GMT Mexico inflation rises 5.57% in July Rate decisions due from Mexico and Peru later in the day Eletrobras, Embraer shares up after results El Salvador bonds continue to gain Latam stocks index up 0.7%, FX up 0.1% By Lisa Pauline Mattackal Aug 8 (Reuters) - Latin American stocks and currencies broadly jumped on Thursday as better-than-expected U.S.
E
U
U

Stocks slip as recovery fizzles, forint gains after inflation data

EMERGING MARKETS-Stocks slip as recovery fizzles, forint gains after inflation data Updated at 0900 GMT Hungary inflation above forecasts Taiwan, South Korea stocks lead declines RBI holds rates Turkish central bank Keeps inflation forecasts unchanged By Lisa Pauline Mattackal Aug 8 (Reuters) - Emerging market stocks lost ground on Thursday, tracking global equities lower as a two-day rebound in risk assets lost steam, while Hungary's forint rose after data pointed to rising inflationary pressur
E
E
E
U
U
U
U

Forint firms after Hungarian inflation tops expectations

CEE MARKETS-Forint firms after Hungarian inflation tops expectations BUDAPEST, Aug 8 (Reuters) - Hungary's forint firmed on Thursday after inflation came in above forecast, tempering investors' expectations for monetary easing, while global risk sentiment recovered further, helping emerging market currencies. The forint EURHUF= led the region's currencies higher after Hungary's headline and core consumer price indexes came in above estimates, heightening investors' expectations for a pause in th
E
E
E
U
E

Currencies little changed ahead of Romanian central bank decision

CEE MARKETS-Currencies little changed ahead of Romanian central bank decision WARSAW, Aug 7 (Reuters) - Central European currencies were little changed on Wednesday after a volatile start to the week for global markets as investors awaited an interest rate decision by the Romanian central bank. A slim majority of analysts surveyed expect the bank to deliver a second consecutive quarter-point interest rate cut on Wednesday, but the scope for further easing was limited ahead of elections later thi
E
E
I
U
U

CEE currencies face divided outlook for upcoming 12 months

POLL-CEE currencies face divided outlook for upcoming 12 months reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURCZK= euro/koruna poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURPLN= euro/zloty poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURHUF= euro/forint poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURRON= euro/leu poll data reuters://realtime/verb=Open/url=cpurl://apps.cp
E
E
U
U

Hungarian and Czech stock markets rebound, currencies weaken

CEE MARKETS-Hungarian and Czech stock markets rebound, currencies weaken BUDAPEST, Aug 6 (Reuters) - Central European currencies weakened on Tuesday after cutting some of their losses as markets closed, with regional stock markets rebounding as policymakers attempted to stabilize financial markets after a turbulent Monday. Last week's U.S. employment reports, which sent fears of a U.S.
E
E
E
U
U
U

Central European stock markets tumble on U.S worries

CEE MARKETS-Central European stock markets tumble on U.S worries WARSAW, Aug 5 (Reuters) - Central European stock markets tumbled on Monday after weak U.S. labour data raised investors' fears of a U.S. recession and deeper rate cuts by the Federal Reserve. Friday's data, coming on top of a string of weak earnings reports from technology companies and concerns over the Chinese economy, drove a global sell-off in stock markets, oil and high-yielding currencies.
E
E
U
U

Czech c.bank's 'hawkish' rate cut boosts crown

CEE MARKETS-Czech c.bank's 'hawkish' rate cut boosts crown By Alan Charlish WARSAW, Aug 2 (Reuters) - The Czech crown EURCZK= gained on its highs from the previous session on Friday after the central bank (CNB) slowed its policy-easing drive and signalled a cautious approach to future rate cuts. Thursday's 25-basis-point cut , described by Governor Ales Michl as "hawkish", brought the main repo rate CZCBIR=ECI to 4.50% and came after four 50-basis-point moves.
E
E
E
U
U

Crown hits more than 2-year low amid uncertainty over size of rate cut

CEE MARKETS-Crown hits more than 2-year low amid uncertainty over size of rate cut By Anita Komuves and Jason Hovet BUDAPEST, Aug 1 (Reuters) - The Czech crown fell to its weakest level in more than two years on Thursday as markets were uncertain whether the Czech National Bank will cut its main rate by 50 or 25 basis points later in the day. The crown EURCZK= was down 0.15% and trading at 25.47 per euro at 0848 GMT after falling to 25.522 earlier, its lowest since March 2022. "The market is tor
E
E
E
U
U

Dovish Fed lifts stocks while FX slips; Czech rate decision eyed

EMERGING MARKETS-Dovish Fed lifts stocks while FX slips; Czech rate decision eyed Updated at 0850 GMT Czech rate decision due at 1230 GMT Ukraine suspends debt payments China PMI shows weakening factory activity Czech, Turkish manufacturing activity slows Turkey stocks jump By Lisa Pauline Mattackal Aug 1 (Reuters) - Emerging market stocks rose on Thursday after the Federal Reserve signalled it could start easing policy in September, while currencies across emerging Europe slipped amid weak manu
E
E
U

Zloty slips as Polish inflation rises less than expected

CEE MARKETS-Zloty slips as Polish inflation rises less than expected WARSAW, July 31 (Reuters) - The zloty eased on Wednesday, as data showed inflation in Poland rising less than expected in July, though according to analysts the prospects were not higher for interest rate cuts. Poland's CPI accelerated to 4.2% on the year in July from 2.6% a month earlier, according to Wednesday's flash estimate, mainly due to the effect of the government partially withdrawing measures aimed at keeping down ene
E
E
E
U
U

Stocks, FX cautious as commodity slump and Fed jitters weigh

EMERGING MARKETS- Stocks, FX cautious as commodity slump and Fed jitters weigh Updates prices at 0910 GMT Commodities fall on China demand worries Czech, Hungary economic growth data disappoints Ethiopia's international bond rises after IMF deal By Lisa Pauline Mattackal July 30 (Reuters) - Emerging market stocks slipped while a gauge of currencies edged higher as investors awaited the outcome of key central bank meetings, while a slump in commodity prices on worries about demand in China kept s
E
E
U
U

Forint hits 3-week low, crown weak after GDP disappoints

CEE MARKETS-Forint hits 3-week low, crown weak after GDP disappoints PRAGUE, July 30 (Reuters) - The forint hit a three-week low on Tuesday after data showed Hungary's economy contracted on a quarterly basis last quarter while the crown continued to limp into a Czech rate decision this week amid some remaining bets rate cuts might not slow. A weaker dollar gave some support, with investors braced for the start of the U.S.
E
E
E
U

FX slightly weaker as rate decisions come into focus

CEE MARKETS-FX slightly weaker as rate decisions come into focus PRAGUE, July 29 (Reuters) - Central Europe's currencies mostly eased on Monday in light trading, with focus turned to a Federal Reserve meeting this week along with a Czech central bank meeting likely to confirm slower interest rate cuts. The Fed is widely expected to set the stage for a September rate cut.
E
E
E
U
E

Stocks slide to six-week low; Russia, Ghana rate decisions awaited

EMERGING MARKETS-Stocks slide to six-week low; Russia, Ghana rate decisions awaited Updated at 0907 GMT U.S. PCE data due at 1230 Sri Lanka to elect new president on Sept 21 Turkey c.bank not considering rate cuts now, deputy Akcay says Hungary flags pre-election stimulus as recovery falters Stocks down 0.2%, FX off 0.1% By Johann M Cherian July 26 (Reuters) - Investors in emerging markets showed caution on Friday ahead of key inflation data out of the United States and interest rate decisions i
E
U

FX firmer as forint still set for first weekly loss since early June

CEE MARKETS-FX firmer as forint still set for first weekly loss since early June PRAGUE, July 26 (Reuters) - Central Europe's currencies pushed higher for a second straight day, although the Hungarian forint was set for its first weekly loss in six weeks and the Czech crown was just off a multi-month low as interest rate cuts stay in focus. The forint fell this week after Hungary's central bank delivered a 15th successive rate cut and said more could come this year.
E
E
E
U
U



Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.