KBC: NBP’s Glapinski stresses importance of the upcoming inflation report

Whereas the forint and the koruna edged lower on Monday, the zloty closed barely changed in sight of the three week high although Adam Glapinski - NBP Monetary Policy Council member - said yesterday he might vote for a rate cut in November if the new infl

KBC: Hungarian optimism supports regional currencies

Hungarian optimism helped the whole region on Friday. The forint gained nearly 1% and also the Czech koruna and the Polish zloty were able to ignore poor performance of emerging markets. The Hungarian government presented a new mix of fiscal austerity mea

KBC: Hungary abandons the project of financial transaction tax. No consensus on FX interventions in the CNB

Hungary should abandon its plan to impose a financial transaction tax on transactions conducted by the central bank. Lower budget revenues should be at least partly offset by the tax on state treasury transactions and cash withdrawals from banks.

EU Market Update: Spain bond yields remain higher following auction results, as traders now look to comments out of Draghi

KBC: NBP surprises with no change verdict, zloty strengthens

Asian Market Update: AUD falls below $1.02 on weak retail sales; Polls see Mitt Romney as the victor in first debate

US Market Update: Focus Shifts to Sept Payrolls

EU Market Update: Equities in Italy outperform, amid improving economic data for the country

KBC: The NBP ready to reverse its hike in May by today’s cut

Asian Market Update: AUD pummeled again after sharp rise in Australia trade deficit

US Market Update: Markets Flat As Traders Obsess Over Einhorn

EU Market Update: Spanish bonds outperform, as bailout speculation persists

KBC: CE currencies barely changed after PMI data. MNB dovish trio says inflation targeting has not been questioned

Asian Market Update: RBA surprises with a 25bp cut; Spain rumored to edge toward bailout; BOK pledges more support