Tag Archives: HUF
After policy comes … valuation?
Hungary’s NBH yesterday left rates unchanged at 2.10% and said in the following press conference that
FX Quant Fund Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
FX Quant Fund Positioning Data
The Societe Generale FX Enhanced Risk Premia strategy has kept its pro-risk positioning over the week.
Hungary MPC Preview: Still cutting gradually
The National Bank of Hungary (NBH) will continue with its gradual pace of rate cuts at its 28 May MPC meeting, in our view.
Emerging Markets Briefer
Cyprus, Hungary and global monetary accommodation Just as the global economy looked as if it was emerging from the Great Recession and investor confidence was returning, things turned negative.
Will Fed and BoJ save us from Hungary and Cyprus?
Just as it looked as though the global economy was on the way out of the great recession and investor confidence was returning, things turned negative.
FX G10/EM Morning Trader Views
EUR – Whipping around on a 1.29 handle with a stop run to 1.2972 in asia but still opens up in ldn soft around this 1.2915 lvl. Feels like the unresolved issues in greece weighing on the eur slightly with potential for this to grow during the week.
UniCredit EEMEA Daily
News HU: Positive – Foreign Minister Martonyi says government is ready to change disputed central bank law (p1) KZ: Mixed – NBK Marchenko says bank will keep 6-8% CPI target band / media reports suggest BTA CEO resigned (p2) PL: Positive – MinFin issues EUR750mn 5y Eurobond at MS+237bp spread (p1) RO: Mixed – Nov […]
UniCredit EEMEA Daily
News BG: Mixed – Activity indicators disappointed in November; MinFin sells BGN 50mn of 10½Y GBs at 5.35% (p2) CZ: Neutral – Dec CPI came in at 2.4% yoy / Nov retail sales expanded 0.5% yoy (p2) KZ: Positive – GDP growth was 7.5% in 2011, Prime Minister Karim Massimov wrote on Monday (p3) RO: […]
Technical Analysis
Euro ended last week on a slippery slope with the ECB Eur index ending below its key support, EURUSD ending below the 1.2860 key junction and EURJPY trading at an 11y low. French 10y OAT’s at dangerous levels, threatning to break and trigger a substantial rise in yield,
Daily Currency Briefing: Couldn’t they or didn’t they want to?
G10 Currencies EUR-USD: It finally arrived at 2.00 am (CET): the statement published by the European Finance Ministers relating to their meeting in Luxembourg (which started a day earlier). Those who had thought that following the approaches between Angela Merkel and Nicolas Sarkozy on the involvement of private bond holders everything would be quite quick […]