Michael Buhl, CEO of CEE Exchange, discusses the impact of Russian sanctions and the move by the Swiss National Bank to end the Swiss franc's euro peg on his business.» Read More
MOSCOW, Oct 1- MD Medical Group says:. *Announces the price range of its initial public offering of between $11.25 and $13.50 per GDR. *The total size of the offering is expected to be between $295 million and $343 million including the over-allotment option.
MOSCOW, Oct 1- Here are events and news stories that could move Russian markets on Monday. MOSCOW- Russian Prime Minister Dmitry Medvedev meets Facebook. MOSCOW- Moscow City Court starts hearings on appeal against conviction of three members of the punk band Pussy Riot;.
Here are news stories, press reports and events to watch, which may affect Poland's financial markets on Monday. Markit Economics releases its PMI index for September at 0700 GMT. Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news.
BRATISLAVA, Oct 1- Here are news stories, press reports and events to watch which may affect Slovak financial markets on Monday. The euro zone will not survive in its current form and one or possibly two countries will be forced to leave the currency bloc because they will be unable to meet their commitments, Slovak Prime Minister Robert Fico said on Sunday.
New or amended items marked*. See below for full macroeconomic forecasts================================================================================.
SOFIA, Oct 1- These are some of the main stories in Bulgarian newspapers on Monday. -All state pensions will be increased by about 10 percent as of April next year, Finance Minister Simeon Djankov said.
BRATISLAVA- The central bank to comment on preliminary July current account data. BRATISLAVA- The central bank to publish preliminary July and revised June current account data.
NEW LISTINGS OR, AMENDMENTS ARE MARKED* KEY INTEREST RATES ECB'S TWO-WEEK REPO rate 0.75 last changed JULY 5, 2012 former rate 1.00 SLOVAK REAL GDP Q2/12 FLASH ESTIMATE +0.7 +2.7 SLOVAK REAL GDP Q2/12 Q1/12 Q2/11 FY/11 +2.8 +3.0 +3.5 +3.3 Final consumption Household -0.3 -0.1 -0.1 -0.4 Government -2.1 +0.4 -5.1 -3.5 Gross fixed capital formation -1.1 -3.9 +6.4 +5.7 Foreign trade balance exports of goods and services +8.9 +6.0 +13.1 +10.8 imports of goods and services +3.2 +2.1 +10.9 +4.5 SLOVAK REAL GDP FY/2011 +3.3 FY/2010 +4.2 FY/2009 -4.9 FY/2008 +5.9 FY/2007 +10.5 FY/2006 +8.3 FY/2005 +6.7 FY/2004 +5.1 FY/2003 +4.8 FY/2002 +4.6 FY/2001 +3.5 FY/2000 +1.4 C/A BALANCE JUNE 12 MAY 12 JUNE 11 +364.0 +449.0 -19.0 C/A BALANCE END-2011 END-2010 END-2009 +38.0 -1.637 -1.627 FOREIGN TRADE JULY 12 JUNE 12 JULY 11 JAN-DEC 11 Imports 4,578.9 4,983.0 4,227.5 53,966.1 Exports 4,977.9 5,331.9 4,252.6 56,407.9 Balance +399.0 +348.8 +25.1 +2,441.9 DYNAMICS OF TRADE nominal imports +8.3 +8.4 +9.5 +13.6 nominal exports +17.1 +11.4 +12.9 +16.9 SLOVAK UNEMPLOYMENT AUG 12 JULY 12 AUG 11 pct of workforce 13.19 13.27 13.12 number available for work 356,423 358,652 349,885.
MOSCOW, Oct 1- Matthias Warnig, a former East German secret agent turned investment banker who has known Russian President Vladimir Putin since the 1990 s, has been appointed chairman of Russia's RUSAL, replacing Barry Cheung, who resigned. Warnig headed Dresdner Bank's operations in Moscow more than a decade ago.
--We are affirming our' BBB-' long-term corporate credit rating on Alimentation Couche-Tard Inc.. after the company completed the acquisition of Statoil Fuel& Retail ASA, a Scandinavian convenience store and motor fuel retailer.
UNITED NATIONS, Oct 1- Syria accused the United States, France, Qatar, Saudi Arabia and Turkey on Monday of hijacking the country's 18- month conflict between government forces and pro-democracy rebel groups by supporting "terrorism" with arms, money and foreign fighters.
MOSCOW, Oct 1- Dutch bank ING is closing Central and Eastern European equities operations and scrapping corporate banking jobs in London, with the loss of around 130 jobs, the company said on Monday. The equities desk in Moscow will also be closed, Simpson said. The job losses were spread across offices in London, Moscow, Prague and Budapest.
BRATISLAVA, Oct 1- The Slovak government's decision to double a levy on bank deposits will hurt banks' profitability and creditworthiness and eventually dent their loan capacity, credit rating agency Moody's said on Monday in a special report.
MOSCOW-- Facebook head Mark Zuckerberg was in Moscow on Monday, where top officials were pressing him to expand the company's operations in Russia. A Facebook spokeswoman, who refused to be named because she wasn't authorized to discuss the matter with the media, said the company has no immediate expansion plans for Russia.
In the Platts window, Statoil bought a Urals cargo from Gunvor loading Oct 14-18 from Primorsk at dated Brent minus $1.90 per barrel, some 45 cents weaker than prices last week. Azeri Light also weakened by 50 cents after Socar offered the grade from Supsa or Ceyhan for Oct 19-23 delivery at dated Brent plus $2.50.
LONDON, Oct 1- The Czech Republic, rated A1/AA-/A+, has priced a EUR750m increase of a 3.875% May 2022 issue via Barclays, Ceska, SG CIB and UniCredit. The tap attracted over EUR1.6bn of demand from investors and priced at mid-swaps plus 116 bp, from an initial price range of mid swaps plus 120 bp-125bp. The issue size now totals EUR2.75bn.
*India, Middle East, Africa to lead high-tech product demand. have more disposable income and a heavy appetite for technology products like cell phones, tablets and laptops, " Ken Rankin, high-tech marketing director at UPS in Atlanta, said in a Friday interview with Reuters.
As Spanish domestic politics threaten to spin beyond the control of the central government, they are also making it harder for Prime Minister Mariano Rajoy to meet Spain’s financial obligations to the rest of the euro zone, the New York Times reports.
As Spain tries desperately to meet its budget targets, it has been forced to embark on the same path as Greece, introducing austerity measures, cutting jobs, salaries, pensions and benefits. As a result, some residents are forced to salvage food from garbage cans.
A reported German challenge to European bond-buying dents the euro and commodity prices hit the Aussie - it's time for your FX Fix.