off-the-wire

CEE MARKETS-Currencies mostly steady ahead of big rate decisions

Kitco Media
By Reuters
Published:
Updated:
Reuters
PRAGUE, Feb 1 (Reuters) - Central European currencies were steady on Wednesday, with Hungary's forint being the sole gainer after data suggested an improvement in economic sentiment, while the markets were awaiting policy decisions from the world's key central banks. The Purchasing Managers Index (PMI) rose in Poland and the Czech Republic in January. In Hungary, the indicator dropped, but came out above a long-term monthly average and above the 50-point level separating growth from decline.


The Hungarian forint was adding 0.38% to 390.2 per euro by 1026 GMT. Markets were focusing on U.S. Federal Reserve's rate decision, due later in the day, and the European Central Bank, which will decide on rates on Thursday. In the region, the Czech National Bank's policy meeting is due on Thursday, where the main rate is expected to stay at more than two-decade high of 7.00%.


The Czech crown was up 0.1% at 23.764 per euro, the Polish zloty was flat at 4.71 per euro.


Some Central European stock markets were on a rise, with Prague up by 0.82%, Budapest adding 0.1%, while Warsaw was down by 0.80%. Bucharest was increasing by 0.63%.


CEE SNAPSHO AT


MARKETS T 1026 CET


CURRENC


IES


Latest Previous Daily Change bid close change in 2023 EURCZK= Czech <EURCZK= 23.7640 23.7790 +0.06% +1.66% crown >
EURHUF= Hungary <EURHUF= 390.200 391.7000 +0.38% +2.37% forint > 0
EURPLN= Polish <EURPLN= 4.7100 4.7100 +0.00% -0.43% zloty >
EURRON= Romanian <EURRON= 4.9140 4.9205 +0.13% +0.58% leu >
EURHRK= Croatian <EURHRK= 7.5330 7.5365 +0.05% +0.05% kuna >
EURRSD= Serbian <EURRSD= 117.320 117.3500 +0.03% -0.02% dinar > 0


Note: calculated from 1800


daily CET


change



Latest Previous Daily Change close change in 2023 .PX Prague 1340.61 1329.660 +0.82% +11.56 0 % .BUX Budapest 45392.0 45339.18 +0.12% +3.65% 9
.WIG20 Warsaw 1887.08 1902.25 -0.80% +5.31% .BETI Bucharest 12212.8 12139.42 +0.60% +4.71% 6
.SBITOP Ljubljana <.SBITOP 1143.87 1130.79 +1.16% +9.06% >
.CRBEX Zagreb 2117.95 2110.79 +0.34% +706.0 1% .BELEX1 Belgrade <.BELEX1 859.91 860.34 -0.05% +4.28% 5 5>
.SOFIX Sofia 614.96 614.89 +0.01% +2.24%


Yield Yield Spread Daily (bid) change vs Bund change in Czech spread Republic
CZ2YT=R 2-year <CZ2YT=R 5.6730 -0.2270 +306bp -22bps R R> s
CZ5YT=R 5-year <CZ5YT=R 5.0450 -0.0120 +276bp +0bps R R> s
CZ10YT= 10-year <CZ10YT= 4.5990 -0.0250 +235bp +0bps RR RR> s


Poland
PL2YT=R 2-year <PL2YT=R 6.0330 -0.1220 +342bp -12bps R R> s
PL5YT=R 5-year <PL5YT=R 5.9280 -0.0630 +365bp -5bps R R> s
PL10YT= 10-year <PL10YT= 6.0480 0.0840 +380bp +11bps RR RR> s


FORWARD


3x6 6x9 9x12 3M interba nk Czech Rep 7.15 6.92 6.45 7.21 <PRIBOR=


>


Hungary 14.70 13.02 11.61 16.05 Poland 6.95 6.82 6.44 6.95 Note: FRA are for ask


quotes prices



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(Reporting by Robert Muller; Editing by Rashmi Aich)

robert.muller.thomsonreuters.com@reuters.net))
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