Trends - Central European currencies

Central European currencies

Currencies muted as rate hike expectations unable to lift them

BUDAPEST: Central European currencies moved sideways on Wednesday, unable to get significant support from rate hike...

Published 13 Oct, 2021 02:39pm

Markets

Currencies stable, Polish QE schedule in focus

Polish bond yields were unmoved as markets were looking forward to the central bank's schedule of June bond purchases, due later in the day.
Currencies kept hovering near strong levels they recently hit on rate hike expectations that were fuelled by higher-than-expected CPI data and signals from central banks.

Published 31 May, 2021 06:46pm

Markets

Currencies and stocks ease as inflation worries dominate

The Polish zloty slid 0.17% to 4.5300 versus the common currency after firming in the previous session on increased rate hike prospects in the CEE region.

Published 19 May, 2021 02:59pm

Markets

Currencies mixed as focus turns to Czech central bank

Central European rate-setters are facing rising inflation, but look set to keep rates low for the time being to help their economies recover from the effects of the coronavirus.
"This picture, however, cracked somewhat with the GDP result for the first quarter released last week, which showed the economy did better than thought."

Updated 06 May, 2021 05:11pm

Markets

Forint underperforms; investors unwind zloty short bets

The Hungarian forint slid 0.42% to 360.80 per euro, underperforming its peers. It has lost 1% this week.
The currency weakened in low liquidity because of a zloty-forint flow, traders in Budapest said, adding that the forint was also due for a correction after steady gains in the past few weeks.

Published 16 Apr, 2021 04:42pm

Markets

FX firms as global mood brightens

The Polish zloty was 0.54% firmer against the euro at 4.5516, the Czech crown had strengthened 0.09% to 25.8210, while the Hungarian forint was 0.13% stronger at 358.70.
"Over the next few days, the yields of 2-year bonds should remain around 0.05%, while the yields of 10-year bonds should remain close to 1.60%," PKO BP analysts said in a note.

Published 08 Apr, 2021 05:43pm

Markets

Zloty brushes off virus worries to lead FX gains

This is ahead of holidays -- the zloty was underperforming earlier, now it's outperforming... it seems like the main reason is probably the market was long, squaring positions ahead of the Easter holidays.
The zloty was 0.17% firmer against the euro at 4.624. The Czech crown was 0.12% firmer at 26.08 and the Hungarian forint was little changed at 362.10.

Published 01 Apr, 2021 05:05pm

Markets

FX holds gains ahead of ECB meeting

"Today, a positive reception of the ECB's decision by the euro may indirectly support the zloty and the currencies of the region," Konrad Bialas, chief economist at DM TMS Brokers said in a note.

Published 21 Jan, 2021 07:24pm

Markets

Currencies nearly flat ahead of Polish central bank rate decision

The zloty was little changed, edging up 0.1% to 4.5245 per euro.
"Until the decision is published, volatility in the domestic market should remain limited," Bank Millenium wrote in a note.

Published 13 Jan, 2021 06:30pm

Markets

Zloty, forint halt gains, focus turns to Polish central bank meeting next week

The second wave of the COVID-19 pandemic has hit Central Europe's economies hard, and some countries like the Czech Republic and Slovakia are battling a big spike in infections again.
The zloty was flat on the day to trade at 4.5185 versus the euro.

Published 08 Jan, 2021 04:56pm

Markets

Currencies slide as markets eye EU budget veto developments

The Hungarian forint slid 0.43pc and was trading at 358.50 per euro as markets waiting for developments regarding the European Union's budget and coronavirus rescue package.

Published 04 Dec, 2020 05:40pm

Markets

Currencies, stocks ease, shrugging off third-quarter GDP rebound

The region's economies rebounded mostly better than expected last quarter. On a quarterly basis.
The data "confirmed a strong recovery in the third quarter in CEE," Erste Bank said.

Published 13 Nov, 2020 05:10pm

Markets

Currencies on roller coaster as US vote count swings; OTP shares shine

Stock markets were mixed, with Budapest's main BUX index jumping by 2.3% and Prague rising 0.4%. Shares in Hungarian OTP Bank extended its gains from Tuesday, rising 1.3%.
Warsaw's main index, however, fell by almost 2%, which some analysts said was caused by concern about the record numbers of Covid cases and profit taking by some players.

Published 04 Nov, 2020 05:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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