Czech Inflation Rises To 5-Month High
Czechia's consumer price inflation accelerated more-than-expected in September to the highest level in five months, flash data from the Czech Statistical Office showed.
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Czechia's consumer price inflation accelerated more-than-expected in September to the highest level in five months, flash data from the Czech Statistical Office showed.
The forint rose 0.4% to 365.80 per euro after touching a four-week low, leading central European currencies higher. Poland's zloty and the Czech crown were also firmer, while Czech, Polish and regional rate expectations remained in focus.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but