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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
HUNGARY
- Yesterday, economic data showed that manufacturing PMI rose more than expected in October to 53.1 (vs. 52.5 exp.), up from revised 52 the previous month.
- PPI inflation decelerated slightly In September to 14% YoY, down from 14.4% the previous month.
- At 1pm (London time), the NBH will publish the minutes of its last policy meeting when the central bank raised its benchmark rate by 15bps.
- The HUF, which depreciated significantly in September and for the most part of October, has experienced a sharp bull consolidation in the past 10 days.
- The chart shows that the HUF has been the best performing currency among the EM world, up nearly 1% against the USD (and 1.5% against the Euro).
Source: Bloomberg/MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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