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Reuters - 3 days ago

Forint edges higher on improved economic growth

CEE MARKETS-Forint edges higher on improved economic growth By Boldizsar Gyori BUDAPEST, Dec 1 (Reuters) - Hungary's forint edged higher and its bonds were steady on Friday, while other central European currencies drifted as data pointed to a sluggish economic recovery ahead. High inflation has taken a large bite out of economies around the region, and data from Hungary on Friday showed the economy there finally getting out of a recession as the economy increased quarter-on-quarter.
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Reuters - 4 days ago

FX weakens as markets eye inflation data

CEE MARKETS-FX weakens as markets eye inflation data By Boldizsar Gyori BUDAPEST, Nov 30 (Reuters) - Central European currencies weakened on Thursday as markets slowed down ahead of December and investors looked towards U.S. and eurozone inflation as well as Polish GDP and inflation data. Traders were gearing up for key inflation data out of the United States and the euro zone to gauge whether interest rates have peaked globally.
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Reuters - 5 days ago

Orlen plunges on tax fears, FX pulls back from highs

CORRECTED-CEE MARKETS-Orlen plunges on tax fears, FX pulls back from highs Corrects value of forint in paragraph 9 By Alan Charlish and Anna Pruchnicka WARSAW/GDANSK, Nov 29 (Reuters) - Shares in Polish oil refiner Orlen PKN.WA plunged on Wednesday, after a report that a draft bill from the coalition that is set to take power in the country would force it to pay billions in tax on domestic gas extraction.
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Reuters - 6 days ago

Zloty and crown hold near recent highs amid weaker dollar

CEE MARKETS-Zloty and crown hold near recent highs amid weaker dollar WARSAW, Nov 28 (Reuters) - The zloty and crown held near recent highs on Tuesday, helped by a weaker dollar and positive sentiment in the wider market towards riskier assets. The dollar held around a three-month low, heading for its biggest monthly fall this year, as traders continued to unwind long dollar positions before this week's U.S.
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Reuters - 6 days ago

FX, stocks rise as dollar weakens ahead of inflation data

EMERGING MARKETS-FX, stocks rise as dollar weakens ahead of inflation data Russian rouble firms as tax payments peak Pakistan's benchmark share index at all-time high Monetary stance to stay accommodative - PBOC governor Stocks up 0.5%, FX up 0.2% By Ankika Biswas Nov 28 (Reuters) - Most emerging market currencies rose on Tuesday as growing bets on a peak in U.S.
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