BOC SAYS DOESN'T NEED TO ALTER PATH OF QT RIGHT NOW

this is a test, please ignore

MNI BRIEF: Text of Bank Of Canada Interest-Rate Decision

MNI China Daily Summary: Wednesday, July 24

MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: BTP Short Term and BTPeis on Thursday

EZ/UK T-Bill Calendar: Italy, UK Auction on Friday

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

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

NBH May Consider Cutting Upper Rate at Next Week’s Meeting, Virag Says

HUNGARY
  • The forint has come under pressure following some dovish comments by NBH Deputy Governor Virag in an interview given to local newspaper Vilaggazdasag. “The extreme risk scenarios have been priced out, there is no longer any need to maintain such a large degree of room for maneuver, so a decision on a significant narrowing of the upper edge of the interest corridor may be reached at next week's meeting of the monetary council,” Virag said, adding that a “patient approach prioritizing market stability” was still needed.
  • Hungary and South Korea signed a memorandum of understanding on boosting their trade and investment development cooperation on Tuesday, MTI report. Hungary counts on South Korea as a partner in shifting its labour intensive economy to a knowledge-intensive economy, the foreign ministry's parliamentary state secretary said.
  • There are no major economic releases or speaker events scheduled today.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.