MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

CHINA PBOC CONDUCTS CNY270 BILLION VIA 7-DAY REVERSE REPOS WED

MNI: PBOC Sets Yuan Parity Lower At 7.1318 Wed; -1.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1318 WED VS 7.1328

MNI BRIEF: All Options Open Next Meeting - BCB Deputy Galipolo

MNI BRIEF: Fed's Kugler Sees Renewed Progress On Inflation

June Exports Miss, Electronic Exports Fall, Lagging Other Parts Of Asia

EZ/UK Bond Supply Calendar: Greece, UK, Germany Due Wednesday

EZ/UK T-Bill Calendar: Portugal, EU Auction on Wednesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NBH Deputy Governor Says Room To Cut After June 'Very Limited'

HUNGARY
BulletEM BulletEmerging Market NewsHomepage
  • Comments filtering through from Deputy Governor Virag, slightly on the hawkish side when noting that the room to cut after June is very, very limited:
    • HUNGARY CLOSELY MONITORING RISKS AFFECTING FORINT, YIELDS
    • FED, ECB RATE DIVERGENCE MAY BOOST EM VOLATILITY
    • SEES 6.75%-7% KEY RATE AFTER JUNE DECISION
    • HUNGARY RATE-CUT ROOM `VERY, VERY LIMITED' AFTER JUNE
    • HUNGARY CENTRAL BANK VOTED UNANIMOUSLY FOR 50BPS RATE CUT (BBG)
60 words

To read the full story

Close

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.
  • Comments filtering through from Deputy Governor Virag, slightly on the hawkish side when noting that the room to cut after June is very, very limited:
    • HUNGARY CLOSELY MONITORING RISKS AFFECTING FORINT, YIELDS
    • FED, ECB RATE DIVERGENCE MAY BOOST EM VOLATILITY
    • SEES 6.75%-7% KEY RATE AFTER JUNE DECISION
    • HUNGARY RATE-CUT ROOM `VERY, VERY LIMITED' AFTER JUNE
    • HUNGARY CENTRAL BANK VOTED UNANIMOUSLY FOR 50BPS RATE CUT (BBG)