Hungary

The Hungarian forint has proved resilient of late in the face of bad news on the twin deficits and the London bombings. We expect that the unit will remain firm for now, amid the... 2005-07-12

Hungary-ForintHungary-Budapest BUX

As we suggest in Local Debt Gaining Favour, the tight spreads on offer in the sovereign bond market in much of CEE has prompted increasing attention to be paid to the local markets.... 2005-07-05

Recently in our Fund News section of Emerging Markets Monitor (EMM), we noted how fund managers have been increasingly rebalancing their portfolios to add exposure to local debt at... 2005-07-05

Hungary-ForintHungary-Budapest BUX

The Hungarian government hopes that the effects of its radical tax cuts will stimulate revenues, but the plans are sketchy on some important details. The ruling Socialists intend... 2005-06-28

We remain bullish on eurozone interest rate futures, with the market moving to price in a rate cut from the European Central Bank. In turn, this has been supportive of both eurozone... 2005-06-28

The emerging Europe index also slipped marginally by 0.2 points, with Romania the main casualty due to JP Morgan (JPM) scaling exposure back to marketweight. The reason being that... 2005-06-23

In a widely expected move, the National Bank of Hungary cut interest rates by 25bps to 7.00%. The bank cited recent disinflation as the main reason behind the move. CPI fell to... 2005-06-20

Hungary-ForintHungary-Budapest BUX