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Inflation fears push Polish, Hungarian gov't bond yields higher

By Anita Komuves BUDAPEST, May 13 (Reuters) - Stocks in central Europe dropped on Thursday, tracking a fall in U.S. and European markets, while government bond yields in Poland and Hungary kept rising as higher-than-expected inflation data reinforced expectations of policy tightening. Bucharest's stocks .BETI led losses and were down 1.49%. Warsaw
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Turkish lira leads FX losses, stocks tumble on inflation fears

* Turkey's lira drops to weakest level this year * EM stocks fall to seven-week low * CEE currencies gain slightly By Shashank Nayar May 13 (Reuters) - Turkey's lira fell to a six-month low on Thursday as risks of tighter U.S. monetary policy after strong inflation data weighed on most emerging market assets, with stocks set for their worst day sin
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FX, stocks drop on inflation anxiety ahead of U.S. data

* Higher Treasury yields, dollar, weigh on EM currencies * EM stocks index weighed down by Asian heavyweights * Israeli shekel down as Gaza violence intensifies By Shashank Nayar May 12 (Reuters) - Emerging market currencies and stocks suffered on Wednesday as fears over rising price pressures fuelled bets on earlier interest rate hikes and underpi
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Inflation worries drive Polish and Hungarian bond yields higher

By Anita Komuves BUDAPEST, May 12 (Reuters) - Inflation fears dominated the market mood in central Europe on Wednesday as investors awaited U.S. CPI data later in the day, while government bond yields in Poland and Hungary rose on worries about stronger-than-expected domestic price rises. "Soaring inflation in CEE together with a solid economic rec
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FX, stocks drop on inflation anxiety ahead of U.S. data

(Corrects bullet point to index weighed down by Asian heavyweights) * Higher Treasury yields, dollar, weigh on EM currencies * EM stocks index weighed down by Asian heavyweights * Israeli shekel down as Gaza violence intensifies By Shashank Nayar May 12 (Reuters) - Emerging market currencies and stocks suffered on Wednesday as fears over rising pri
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FX eases as Hungarian, Czech CPI jumps; Polish FX loan ruling in focus

By Anita Komuves BUDAPEST, May 11 (Reuters) - Central European currencies and stocks weakened on Tuesday as the Czech Republic and Hungary reported higher-than-expected inflation and markets were looking ahead to a key Polish Supreme Court decision on FX loan mortgages. "Today could bring bigger moves on the currency market as investors react to CP
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FX comes off record high, stocks tumble as inflation concerns weigh

* EM stocks on track for worst day in six weeks * Turkey's current account deficit widens in March * Hungary, Czech inflation accelerate in April By Shashank Nayar May 11 (Reuters) - Most emerging market currencies and stocks on Tuesday eased from recent highs as investors braced for a possible spike in U.S. inflation, while the Turkish lira led lo
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Warsaw stocks at 15-month high, FX cools

PRAGUE, May 10 (Reuters) - Central European stock markets charged ahead on Monday, with Warsaw's blue-chip index touching its highest since February 2020, while currencies largely gave back recent gains. Stocks followed global equity markets higher on prospects that interest rates in the United States will remain low and the economic recovery on tr
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South African rand rises; EMFX near record high against weak dollar

* South Africa's rand hits 16-month high * Turkish unemployment rate eases in March * Dollar sinks to a more than two-month low By Shashank Nayar May 10 (Reuters) - Emerging market currencies hovered around record-high levels on Monday as weak U.S. jobs data kept the dollar under pressure, while South Africa's rand rose to a 16-month peak after Moo
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Czech markets price in rate hike for August after hawkish cenbank message

By Anita Komuves and Jason Hovet BUDAPEST/PRAGUE, May 7 (Reuters) - Czech markets increasingly bet an interest rate hike may come sooner rather than later, with the crown steadying on Friday following a big jump after the central bank governor signalled an increase in borrowing costs was certain this year. Other central European currencies eased a
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Crown firms on hawkish signals from c.bank

(Recasts with Czech rate decision) May 6 (Reuters) - The Czech crown EURCZK= erased early losses and hit a 2-1/2 month high on Thursday after the Czech central bank's governor said a rate hike was certain this year, while market rates added to bets that tightening was getting nearer. Czech Central Bank Governor Jiri Rusnok said on Thursday that the
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Currencies mixed as focus turns to Czech c.bank

May 6 (Reuters) - Central European currencies were mixed on Thursday, ahead of a Czech rate setting meeting in which the central bank is expected to keep borrowing costs stable, but which could provide hints at possible pace of policy tightening. Central European rate-setters are facing rising inflation, but look set to keep rates low for the time
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Turkish lira slips ahead of central bank meet; Rouble firms

* Lira slips ahead of rate decision, interest rate seen unchanged * Rouble gains as data showed services sector growth * Czech crown firms ahead of central bank rate decision By Shashank Nayar May 6 (Reuters) - Turkey's lira eased on Thursday ahead of its central bank's interest rate decision in the face of rising inflation, while investors await a
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Zloty underperforms as FX loan decision looms, Polish cenbank meeting in focus

By Anita Komuves BUDAPEST, May 5 (Reuters) - The Polish zloty eased on Wednesday, underperforming its peers as investors were concerned about an impending decision on forex mortgage loans while markets also eyed a rate meeting of the National Bank of Poland later in the day. While most central European currencies edged up, the zloty EURPLN= slid 0.
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Crown slips from fresh high, MOL shares spur Budapest

PRAGUE, May 4 (Reuters) - The Czech crown led central European currency weakness on Tuesday as a stronger U.S. dollar weighed on the region, although stock gains for Hungarian oil and gas group MOL MOLB.BU pushed Budapest up the most in over a month. Budapest's BUX index .BUX climbed 1.5% on a more than 3% rise in MOL's shares after an update on re
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Crown firms, forint steady as PMI data signals manufacturing growth

By Anita Komuves BUDAPEST, May 3 (Reuters) - The Czech crown firmed, while the Hungarian forint traded steady in cautious mood on Monday as PMI data from the region showed a steady pace of recovery from the pandemic-induced crisis and as markets in the UK, Japan and China were closed for holidays. Hungary's seasonally-adjusted Purchasing Managers'
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Notch mild gains as risk-on mode benefits emerging Europe

By Marton Dunai BUDAPEST, April 30 (Reuters) - Emerging European assets posted mild gains on Friday, as investors appeared to shrug off inflation worries, while strong corporate earnings and the U.S. Federal Reserve's commitment to support the economy lifted risk appetite in equities globally. Polish flash CPI came in at 4.3% year on-year, driven b
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Polish stocks up after EU court's mortgage ruling, FX firms

By Radu-Sorin Marinas BUCHAREST, April 29 (Reuters) - Polish stocks led regional gains on Thursday after a European court ruling on foreign-currency mortgages perceived as benign by investors, while central European currencies firmed on a U.S. dollar decline on world markets. By 1120 GMT, Warsaw's blue chip .WIG20 index rose as high as 2,081.94, ab
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Fed, U.S. stimulus hopes lift currencies, equities to 2-month high

* Turkish central bank expects inflation to rise further * JPMorgan raises South Africa rand exposure to "overweight" * Polish zloty in focus over court decision on FX mortgages By Shashank Nayar April 29 (Reuters) - A dovish message from the U.S. Federal Reserve and more stimulus from Washington saw emerging markets' stocks and currency indexes sc
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FX up on weak dollar, zloty eyes EU Court's mortgage ruling

By Radu-Sorin Marinas BUCHAREST, April 29 (Reuters) - Central European currencies firmed on Thursday benefiting from a weaker U.S. dollar on world markets, with the Polish zloty recording only marginal gains in cautious trade as investors focus on a European court decision on FX mortgages. By 0810 GMT, the Hungarian forint EURHUF= extended previous
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