Tag Archives: EEMEA
UniCredit EEMEA Daily
News BG: Mixed – 3Q GDP growth slows to 1.3% yoy / C/A surplus widens to 3.9% of GDP (p2) LV: Positive – Govt. approved additional set of fiscal consolidation measures worth LVL 29.1mn to fulfil IMF requirements (p3) RO: Positive – 3Q GDP grew 4.4% yoy (p3) SK: Positive – 3Q GDP grew by […]
UniCredit EEMEA Daily
News CZ: Neutral – CNB keeps monetary policy unchanged, forecasts lower GDP growth (p2) PL: Positive – MinFin says it financed 101% of 2011 financing needs in Jan-Oct (p2) RO: Positive – MinFin sells RON 0.5bn 2Y GBs: avg yield at 7.23%, bid-to-cover at 3.7 9 (p2) / Negative – banking system returns to losses […]
UniCredit EEMEA Daily
News HR: Negative – HNB purchased EUR 180.5mn at 7.50 removing HRK1.35bn in liquidity from the market yesterday (p2) PL: Mixed – August Industrial production accelerates to 8.1% yoy vs. 2.7%yoy consensus while inflationary pressures in the industrial sector increased, August PPI inflation rose to 6.6% (p2) RO: Neutral – MinFin sold RON 0.66bn 9M […]
It is about positioning in EEMEA FX so far
Our chart shows FX performance between January and June 2011 versus FX performance in the July 2011 sell-off period. The performance of all currencies is shown versus a 50/50 EUR/USD basket in order to make EUR referenced and USD or basket referenced currencies comparable and to filter out the impact of the EUR/USD impact. The […]
