CEE MARKETS-Currencies slide as countries report record coronavirus numbers

By Anita Komuves BUDAPEST, Oct 21 (Reuters) - Central European currencies slid on Wednesday, giving up early gains raised by hopes for a new stimulus package in the U.S. and the weakening of the dollar. Most currencies in the region have suffered steep losses since last week, under pressure from a spike in new coronavirus cases and looming new restrictions on the economy. Hopes a new U.S. stimulus bill will be passed this week caused a brief correction in the fall of CEE currencies, an FX trader in Budapest said. "However, the fundamentals have not changed," he said. The Czech crown edged down 0.05% to 27.199 versus the euro. The Polish zloty weakened 0.48% to 4.5870 per euro. On Wednesday, the Czech Republic reported 11,984 new coronavirus cases, the highest daily tally on record. Hungary reported 48 deaths in a day, the highest daily number since the start of the pandemic. Poland announced a daily record of 10,040 new cases. "These countries had mild first waves in comparison, which perhaps did not give them the necessary firefighting experience," Commerzbank wrote in a note. "When governments reassure us of no further restrictions or lockdowns, this cannot be taken at face value – the officials are simply reacting to the developments until then." The Hungarian forint strengthened as far as 362 per euro from levels above 366 after the National Bank of Hungary (NBH) left its base rate unchanged at 0.6% on Tuesday and reiterated its commitment to maintaining price stability. The currency gave up some of those gains on Wednesday, sliding 0.07% on the day to trade at 364.50 per euro by 0856 GMT. Most stock markets in the region weakened. Warsaw's equities led losses by sliding 0.95%. Prague's stocks were down 0.56% and Bucharest lost 0.34%. Budapest's blue chip index edged up 0.03%. CEE SNAPSHO AT MARKETS T 1056 CET CURRENC IES Latest Previous Daily Change bid close change in 2020 EURCZK= Czech <EURCZK= 27.1990 27.1850 -0.05% -6.50% crown > EURHUF= Hungary <EURHUF= 364.500 364.2500 -0.07% -9.15% forint > 0 EURPLN= Polish <EURPLN= 4.5870 4.5673 -0.43% -7.21% zloty > EURRON= Romanian <EURRON= 4.8745 4.8756 +0.02 -1.77% leu > % EURHRK= Croatian <EURHRK= 7.5740 7.5705 -0.05% -1.70% kuna > EURRSD= Serbian <EURRSD= 117.500 117.6000 +0.09 +0.06% dinar > 0 % Note: calculated from 1800 daily CET change Latest Previous Daily Change close change in 2020 .PX Prague 865.24 870.0800 -0.56% -22.44% .BUX Budapest 33710.6 33700.78 +0.03 -26.85% 0 % .WIG20 Warsaw 1640.55 1656.34 -0.95% -23.70% .BETI Buchares 8791.30 8821.24 -0.34% -11.89% t .SBITOP Ljubljan <.SBITOP 829.89 827.34 +0.31 -10.37% a > % .CRBEX Zagreb 1600.57 1598.81 +0.11 -20.66% % .BELEX1 Belgrade <.BELEX1 685.67 689.30 -0.53% -14.47% 5 5> .SOFIX Sofia 427.49 428.07 -0.14% -24.76% Yield Yield Spread Daily (bid) change vs change Bund in Czech spread Republic CZ2YT=R 2-year <CZ2YT=R 0.1120 0.0190 +088b +1bps R R> ps CZ5YT=R 5-year <CZ5YT=R 0.5940 0.0870 +138b +7bps R R> ps CZ10YT= <CZ10YT= 1.0310 0.0110 +161b -1bps RR 10-year RR> ps Poland PL2YT=R 2-year <PL2YT=R -0.0240 -0.0430 +075b -5bps R R> ps PL5YT=R 5-year <PL5YT=R 0.5100 0.0180 +129b +0bps R R> ps PL10YT= <PL10YT= 1.2870 0.0180 +187b -1bps RR 10-year RR> ps FORWARD 3x6 6x9 9x12 3M interba nk Czech 0.29 0.26 0.31 0.35 Rep <PRIBOR= > Hungary 0.94 0.97 0.99 0.77 Poland 0.15 0.13 0.12 0.22 Note: are for ask FRA prices quotes ********************************************* ***************** (Editing by Larry KingS)