Central European currencies gain as dollar slips
Central European currencies found support in a weaker dollar on Friday, with the forint leading gains ahead of an expected Hungarian central bank rate hold next week.
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Central European currencies found support in a weaker dollar on Friday, with the forint leading gains ahead of an expected Hungarian central bank rate hold next week.
Most emerging Asian stock markets slipped on Wednesday, led by declines in Singapore and South Korea, as higher oil prices and US Treasury yields near multi-year highs weighed on investor sentiment. Crude climbed back above $100 a barrel as a storm heading for North American oil-producing regions and Houthi attacks on
The 2-year US Treasury yield slipped after New York Fed President John Williams said there was 'no urgency' for further action, while major stock indexes eased. US crude fell and the dollar firmed against the yen as investors awaited Wednesday's PCE inflation data.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
PRAGUE, Sept 24 (Reuters) — Central European currencies slipped on Thursday, with Poland's zloty hitting its lowest level since the start of 2024 and the Czech crown touching a five-month low, as the US dollar rallied on energy market worries. On bond markets, Romania's 10-year benchmark bond yield was bid at a one-yea
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.