(Corrects headline and 4th paragraph to clarify the Hungarian
central bank will hold an fx swap tender on Tuesday not on
Monday)
By Anita Komuves
BUDAPEST, Dec 28 (Reuters) - Stocks firmed and currencies
held stable on Monday in Central Europe as market sentiment was
lifted by the Brexit deal struck over the holidays and the
launch of coronavirus vaccinations across the European Union
over the weekend.
Investors' mood was also lifted as U.S. President Donald
Trump on Sunday signed into law a long-awaited $2.3 trillion
pandemic aid and spending package.
The Hungarian forint slid 0.17% to 363.50 per
euro, adding to its losses from last week.
Investors were eyeing the foreign exchange swap tender of
the National Bank of Hungary providing euro liquidity, due on
Tuesday, a Budapest-based trader said.
"The implied rate of the dollar is up, as always at the end
of the year. This moved markets and made the forint's implied
rate go down," he said.
"The bank will provide euro liquidity to banks to normalize
short-term rates and avoid volatility."
Hungary's central bank continues to be ready to support
economic recovery "with all its tools", Governor Gyorgy Matolcsy
told the daily Magyar Nemzet newspaper in an interview published
on Monday.
Elsewhere, the Czech crown eased 0.05% to trade at
26.218 per euro. The Romanian leu was also 0.05% lower
at 4.8725 to the euro.
The Polish zloty firmed 0.2% to 4.4859 versus the
common currency.
Stocks in the CEE region firmed, tracking their European
peers. Budapest's blue chip index was up 1.53% while Prague's
equities added 0.95%. Bucharest's stocks were up
0.20%.
Warsaw's equities were up 1.99% by 1015 GMT. Shares of
Poland's CD Projekt, however, were down 3% after the
company said a civil class action lawsuit has been filed in the
United States over the release of its game Cyberpunk 2077.
Shares of the company have been falling since Sony
pulled the game from its PlayStation Store on Dec. 18 amid
complaints of glitches.
CEE SNAPSHO AT
MARKETS T 1055 CET
CURRENC
IES
Latest Previous Daily Change
bid close change in 2020
EURCZK= Czech <EURCZK= 26.2180 26.2050 -0.05% -3.00%
crown >
EURHUF= Hungary <EURHUF= 363.500 362.8700 -0.17% -8.90%
forint > 0
EURPLN= Polish <EURPLN= 4.4859 4.4950 +0.20% -5.12%
zloty >
EURRON= Romania <EURRON= 4.8725 4.8700 -0.05% -1.73%
n leu >
EURHRK= Croatia <EURHRK= 7.5410 7.5445 +0.05% -1.27%
n kuna >
EURRSD= Serbian <EURRSD= 117.500 117.6000 +0.09% +0.06%
dinar > 0
Note: calculated from 1800
daily CET
change Latest Previous Daily Change
close change in 2020
.PX Prague 1018.36 1008.780 +0.95% -8.72%
0
.BUX Budapes 41826.8 41197.14 +1.53% -9.24%
t 3
.BETI Buchare 9704.44 9685.26 +0.20% -2.73%
st
.SBITOP Ljublja <.SBITOP 901.99 894.98 +0.78% -2.58%
na >
.CRBEX Zagreb 1735.76 1725.11 +0.62% -13.96%
.BELEX1 Belgrad <.BELEX1 724.66 730.26 -0.77% -9.61%
5 e 5>
.SOFIX Sofia 444.67 444.67 +0.00% -21.73%
Yield Yield Spread Daily
(bid) change vs Bund change
in
Czech spread
Republi
c
CZ2YT=R <CZ2YT=R 0.0940 -0.0350 +079bp -1bps
R 2-year R> s
CZ5YT=R <CZ5YT=R 0.7630 -0.0570 +148bp -6bps
R 5-year R> s
CZ10YT= <CZ10YT= 1.2350 -0.0290 +178bp -3bps
RR 10-year RR> s
Poland
PL2YT=R <PL2YT=R 0.1150 -0.0590 +081bp -4bps
R 2-year R> s
PL5YT=R <PL5YT=R 0.4870 -0.0090 +121bp -1bps
R 5-year R> s
PL10YT= <PL10YT= 1.2630 -0.0140 +181bp -2bps
RR 10-year RR> s
FORWARD
3x6 6x9 9x12 3M
interba
nk
Czech 0.38 0.47 0.60 0.35
Rep <PRIBOR=
>
Hungary 0.68 0.69 0.71 0.75
Poland 0.23 0.23 0.24 0.21
Note: are for ask
FRA prices
quotes
*********************************************
*****************
(Editing by Angus MacSwan)
Fri Jan 8 , 2021
WASHINGTON (AP) — U.S. companies drop work opportunities past month for the first time considering the fact that April, reducing 140,000 positions, apparent evidence that the economic system is faltering as the viral pandemic tightens its grip on consumers and corporations. At the identical time, the unemployment rate stayed at […]