Obbligazioni altre valute UNGHERIA e Obbligazioni in Fiorini (HUF) (1 Viewer)

pietro17elettra

Nonno pensionato
BUZZ-COMMENT-Could be a turbulent week for Hungary's forint
Oggi 12:19 - RSF
Jan 23 (Reuters) - A positive start to the year for the forint as broader market sentiment improves but this week could prove difficult. The focus is on inflation, central bank policy and EU funds release. Throw into the equation a rating agency outlook change for Hungary and price action could become volatile.

EUR/HUF closed below the 200-day moving average on Jan. 4 and failed to hold a break back above the line last week. The average could be pivotal with a close above triggering a possible retracement of the Dec. 12-Jan. 18 420.30-392.00 fall. A minimum correction of that move provides a bull target at 398.68. An area of support between 391.70 and 392.00 is also key with a break bringing the June 6, 2022 lows of 387.05 into play.

The Central Bank is meeting tomorrow and no change is expected. Upside inflation risks persist and signs of policy normalization unlikely. The National Bank might point to the forint's recovery, but the currency is not in the clear just yet.

Ratings agency Fitch on Friday revised its outlook on Hungary's debt rating to negative from stable. It remains to be seen if other agencies revise their outlooks.

For more click on [FXBUZ]

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(Peter Stoneham is a Reuters market analyst. The views expressed are his own, editing by Ed Osmond)
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pietro17elettra

Nonno pensionato
EMERGING MARKETS-Hungarian forint slips ahead of rate decision; other FX muted
Oggi 09:38 - RSF

Hungarian base rate expected to stay unchanged at 13%

By Bansari Mayur Kamdar
Jan 24 (Reuters) - The Hungarian forint eased on Tuesday ahead of a National Bank of Hungary announcement which is expected to leave its base rate unchanged, while other emerging market currencies were muted against a soft dollar.

MSCI's index for emerging market currencies
slipped 0.1% against the euro.

Hungary's central bank is expected to leave its base rate unchanged at 13%, the highest in the European Union, according to a Reuters poll, due to persistent inflation pressures that are only expected to ease substantially in the second half of 2023.

"It's too early for them to start to soften their tight policy that was put in place last October really to support the forint," said Chris Turner, ING's global head of markets.

"There are people starting to price in the easing cycle, but we think that's a bit premature."
The forint slid 0.7% in the previous session after Fitch revised its outlook on Hungary's debt rating to negative from stable. [CEE/]
Other central and eastern European currencies edged down against the euro in early trading.

For GRAPHIC on emerging market FX performance in 2022, see Reuters Graphics For GRAPHIC on MSCI emerging index performance in 2022, see https://tmsnrt.rs/2OusNdX
For TOP NEWS across emerging markets (news)

For CENTRAL EUROPE market report, see [CEE/]
For TURKISH market report, see [.IS]
For RUSSIAN market report, see [RU/RUB]
(Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Alexander Smith)
(([email protected]; Twitter: @BansariKamdar;))
 

pietro17elettra

Nonno pensionato
Bce firma accordo vigilanza in cooperazione con Paesi non appartenenti a zona euro
Oggi 11:09 - RSF
FRANCOFORTE, 25 gennaio (Reuters) - La Banca centrale europea ha concordato con sei Paesi che non fanno parte della zona euro una più stretta collaborazione in materia di vigilanza bancaria, compreso lo scambio di informazioni sulle banche sottoposte a vigilanza transfrontaliera.

Lo ha reso noto la Bce aggiungendo che l'accordo riguarda Repubblica Ceca, Danimarca, Ungheria, Polonia, Romania e Svezia.

"Alcune banche sottoposte alla vigilanza della Bce hanno filiali o esposizioni creditizie consistenti nei confronti di questi Stati membri e vi svolgono una parte sostanziale delle proprie attività", ha detto la Bce.

(Tradotto da Chiara Bontacchio, editing Sara Rossi)
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