Tag Archives: EEMEA

News CEE: Mixed – Turkey, Poland Dec PMI declines slightly whilst Hungary, Czech Republic managed to show some gains (p1) HU: Negative – Long end bond yields move above 10% amid ongoing uncertainty about IMF talks and biggest opposition protest since the 2010 elections (p1)

News HU: Mixed – NBH hikes policy rate by 50bp to 7.00%, statement is a tad less hawkish than last time but multi week outlook strongly depends on the IMF/EU talks (p1) LT: Positive – 3Q C/A comes in at LTL 0.6bn, FDI records another strong positive quarterly reading (p2)

News HU: Mixed – Econ committee submits eight changes to disputed central bank law (p1) PL: Mixed – Nov IP growth accelerates to 8.7% yoy / Nov PPI accelerated to 8.9% yoy (p2) RO: Positive – MinFin sells 1Y T-Bills RON 1.7bn (RON 1.3bn planned): avg. yield 6.55%, bid/cover 2.2 (p2)

News CZ: Mixed – 2012 budget passed the final voting in the lower house of parliament (p2) KZ: Positive – Nov retail trade turnover came in at 11.1% yoy (0.6% mom sa) (p2) LV: Mixed – 10M11  C/A moved further into deficit with a negative LVL 29mn Oct reading, FDI record strong inflow of LVL […]

News BG: Neutral – CPI up 0.3% mom, eases to 3.1% yoy / MinFin sells BGN 65mn of 10?Y paper, vs. planned BGN 60mn, at 5.30% (p2) HU: Negative – Headline inflation accelerates to 4.3% yoy (p2) LV, LT: Neutral – Fitch revises rating outlook to Stable (p2) PL: Positive – Oct C/A deficit decreases […]

News CZ: Neutral – The Govt’s 2012 debt financing strategy assumes borrowing needs of CZK 243bn gross and CZK 107bn net / CNB vice governor Vladimir Tomsik said the weakening CZK is doing policy maker’s job (p2) KZ: Positive – Nov IndOut holds up well at 2.9%YoY (p2) LV: Positive – 3Q final GDP revised […]

News CZ: Neutral – 3Q C/A deficit posted negative CZK 42.2bn, FDI came in at CZK 5.3bn (p2) RO: Positive – MinFin sold 2Y T-Bonds worth RON 743mn vs. RON 700mn planned: bid/cover 2.7, avg. yield 7.15% / Mixed – Oct IP growth decelerated to 4% yoy (p2) LV: Positive – IMF released statement fowling […]

News BG: Mixed – Oct retail sales drop -2.6% yoy / Oct IP advances 2.4% yoy (p2) CZ: Negative – Investor bids in the auction for CZGB VAR/23 amounted to CZK 5.65bn, below the CZK 7bn volume indicated for sale / Oct  IP growth slowed to 1.7% yoy (p2) PL: Neutral – MPC kept interest […]

News BG: Neutral – Gross external debt down 0.1% mom in September (p2) LV: Positive – 3Q Unemployment decreases to 14.4% (p2) TK: Neutral – MPC keeps the policy rate (the weekly repo rate) at 5.75% (p2)

News KZ: Positive – Fitch Ratings has upgraded Kazakhstan’s long-term foreign and local currency issuer default ratings (p2) LN: Neutral – IMF publishes the Staff Report for Article IV Consultation (p2) PL: Negative – Oct IP growth decelerates to 6.5% yoy / Oct PPI accelerates to 8.5% yoy (p2) RO: Negative – Govt. sells 9M […]

News HU: Positive – EconMin Matolcsy announces new cooperation with the IMF / Positive – HGB auctions attract strong demand  (p2) LT: Neutral – IMF published Article IV Consultation (p2) RO: Negative – MinFin to postpone a USD MTN issue planned for late November / Mixed – MinFin sold RON 296mn 3Y GBs: avg yield […]