Advertisement
Australia markets closed
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • AUD/USD

    0.6418
    -0.0007 (-0.11%)
     
  • OIL

    83.37
    +0.64 (+0.77%)
     
  • GOLD

    2,408.90
    +10.90 (+0.45%)
     
  • Bitcoin AUD

    100,207.23
    +1,690.51 (+1.72%)
     
  • CMC Crypto 200

    1,380.15
    +67.53 (+5.14%)
     
  • AUD/EUR

    0.6023
    -0.0007 (-0.12%)
     
  • AUD/NZD

    1.0902
    +0.0027 (+0.25%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,020.02
    -374.29 (-2.15%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,919.30
    +143.92 (+0.38%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

CEE MARKETS-Central European stocks, currencies track global markets higher on calmer mood

BUCHAREST, Sept 23 (Reuters) - Most central European stocks and currencies tracked broader markets higher on Thursday after the U.S. Federal Reserve clarified its timeline for rate hikes and as concerns over Chinese property developer Evergrande eased. By 1030 GMT, Budapest's blue-chip index led gains with a 1.0% rise, followed by Bucharest's and Prague's , up 0.9% and 0.8%, respectively. China injected fresh cash into its financial system ahead of a crucial Evergrande bond coupon deadline, easing some of the concerns over a possible default that had hit markets earlier this week. The Hungarian forint eased 0.1% against the euro on the day to 355.5000, extending losses after Tuesday's lower-than-expected rate hike. The Czech crown was up 0.2% against the euro. "Sharp stock gains and a halt to dollar firming after the Fed could play in the crown's favour," CSOB said in a market note. "Similarly like a calmer mood in Asian market after fears eased over the collapse of Evergrande." The Hungarian and Czech central banks were the first in the European Union to raise interest rates in June. But while Hungary scaled back its hikes, Czech central bankers have shown support for stepping up policy tightening with a bigger than usual 50 basis-point rate increase next week. Elsewhere in the region, the Polish zloty was up 0.5% against the euro and the Romanian leu 0.1%. CEE SNAPSHO AT MARKETS T 1304 CET CURRENC IES Latest Previou Daily Change s bid close change in 2021 Czech Hungary 0 0 Polish Romanian Croatian Serbian 0 0 Note: calculated from 1800 daily CET change Latest Previou Daily Change s close change in 2021 Prague 1303.52 1294.41 +0.70% +26.91 00 % Budapest 51819.0 51298.1 +1.02% +23.06 3 4 % Warsaw 2327.95 2334.10 -0.26% +17.34 % Buchares 12398.9 12301.1 +0.79% +26.45 t 3 4 % Ljubljan <.SBITOP 1158.76 1153.95 +0.42% +28.63 a > % Zagreb 1967.93 1957.41 +0.54% +13.15 % Belgrade <.BELEX1 801.80 802.61 -0.10% +7.11% 5> Sofia 559.82 560.72 -0.16% +25.09 % Yield Yield Spread Daily (bid) change vs Bund change in Czech spread Republic 2-year s 5-year s s Poland 2-year s 5-year s s FORWARD 3x6 6x9 9x12 3M interba nk Czech 2.04 2.48 2.77 1.15 Rep Hungary 2.17 2.31 2.45 1.74 Poland 0.44 0.73 0.96 0.24 Note: are for ask FRA prices quotes ********************************************* ***************** (Reporting by Luiza Ilie in Bucharest and Jason Hovet in Prague; Editing by Steve Orlofsky)