April 29, 2020 / 7:19 AM / a month ago

Hungary, Factors to watch, April 29

BUDAPEST, April 29 (Reuters) - Following is a list of events in Hungary and the region, as well as news stories which may influence financial markets.

(For any queries: Budapest editorial +36 1 882 3606)

WHAT IS HAPPENING IN HUNGARY (ALL TIMES GMT)

BUDAPEST - March PPI (0700)

BUDAPEST - Cbank collateralised loan tender (announcement 1200, result 1500)

IN THE REGION

POLAND - Cbank T-bond buying tender

SLOVAKIA - ECB board member Kazimir holds conference call (0730)

IN THE NEWS, REUTERS

Hungarian central bank keeps rates on hold, launches bond purchases

Hungary’s central bank left interest rates on hold on Tuesday and said it would begin its bond-buying scheme and mortgage bond purchases on May 4 without any set target amount, to soften the economic impact of the novel coronavirus pandemic.

Hungary’s 10-year and 15-year govt bond yields are too high -cbanker

Hungary cbank could buy up to HUF 100 billion of govt bonds per week -cbanker

Hungary cbank says will keep up asset purchases as long as necessary

Hungary fines Booking.com operator $7.6 mln for unfair practices

Hungarian competition watchdog GVH has fined online reservation operator Booking.com BKNG.O 2.5 billion forints ($7.58 million) for unfair business practices, including misleading advertisements and psychological pressure on consumers.

Hungary’s inflation to fall below target in coming months -cbank

CEE MARKETS-Hungarian central bank announces details of QE, yields lower

Bond yields retreated and the forint weakened versus the euro after Hungary’s central bank left interest rates unchanged on Tuesday, as expected, and said it would set no target amount for its bond-buying programme.

Hungary to ease lockdown restrictions, Magyar Nemzet says

Hungary’s government plans to ease the lockdown that has kept the country’s businesses shut and residents mostly at home since mid-March, according to the pro-government newspaper Magyar Nemzet, which published the outlines of the plans on Tuesday.

Hungary jobless ranks swell by 56,000 in March

Hungary’s official unemployment rate rose slightly to an average of 3.7% in the January-March period, the Central Statistical Office (KSH) said in a statement on Tuesday, adding that the figure does little to reflect the effects of the coronavirus. (Reporting by Marton Dunai)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below