Europe Top News and Analysis Poland

  • *Zloty hits 4- week low again as U.S. investors join in. BUDAPEST, Aug 30- The zloty hit a 4- week low against the euro on Tuesday as Polish output data failed to quell speculation of a central bank rate cut. The forint also eased, by 0.3 percent, but, trading at 309.33, it is still near its strongest levels since early March, buoyed by Hungary's robust current account...

  • WARSAW, Poland— Prosecutors and other state security officials in Poland are investigating unprecedented massive night downloading by bailiffs of personal data of some 1.4 million Poles. Officials say so far they have found no evidence of crime or of a hacking attack on the so-called PESEL state-run data base that stores the names, addresses and personal ID...

  • BRASILIA- Brazil central bank holds monetary policy committee meeting SARAJEVO- The President of the European Bank for Reconstruction and Development Suma Chakrabarti will visit Bosnia and Herzegovina. WEDNESDAY, AUGUST 31 BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial...

  • Janet Yellen (C) , chair of the U.S. Federal Reserve, arrives at the Jackson Hole economic symposium.

    The Fed's Jackson Hole message was entirely reasonable in the absence of any indication of economic measures of America's next administration.

  • SATURDAY, AUGUST 27 SEOUL- South Korea Finance Minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. MONDAY, AUGUST 29 JOHANNESBURG- South African Reserve Bank Deputy Governor Daniel Mminele and Bundesbank executive board member Andreas Dombret will brief the media on the bilateral cooperation between the central banks of South Africa and...

  • BUDAPEST, Aug 26- The zloty and Polish stocks briefly touched 4- week lows on Friday after Moody's issued a warning over Warsaw's tension with the European Commission, preparing investors for a possible rating downgrade. Central European assets were mixed ahead of a speech by Federal Reserve Chair Janet Yellen later on Friday, in which she may flag upcoming...

  • WARSAW, Poland— Hungary's prime minister urged the European Union on Friday to make security a priority and build an army of its own. Prime Minister Viktor Orban spoke in Warsaw before heading into talks on EU's future with German Chancellor Angela Merkel and leaders of three other central European nations. Merkel's meeting in Warsaw with the leaders of Poland,...

  • BUDAPEST/ WARSAW, Aug 26- The zloty and Polish stocks touched 4- week lows on Friday after Moody's issued a warning over Warsaw's tension with the European Commission, preparing investors for a possible rating downgrade. Regional stock indices mostly dropped, led by half percent loss in Budapest. Oil industry stocks fell, with Slovenia's Petrol shedding 0.4...

  • Fed chair Janet Yellen, while South Africa's rand and bonds remained under pressure after a tumultuous week. "People are booking profits after a strong run and South Africa has given them an excuse to do that." The South Africa rand firmed 0.2 percent but was on track to end the week 5 percent down and sovereign dollar bonds continued to sell off, with the 2025 issue...

  • SATURDAY, AUGUST 27 SEOUL- South Korea finance minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. BISHKEK- National Bank of the Kyrgyz Republic interest rate decision. BRASILIA- Central Bank of Brazil holds Monetary Policy Committee Meeting.

  • BUDAPEST, Aug 25- Hungary sold 12- month bills at higher yields at an auction on Thursday, bucking a falling trend of the past few weeks, after a central bank deposit tender had drained banking sector liquidity. The National Bank of Hungary, which kept its benchmark base rate on hold at 0.9 percent on Tuesday, wants to squeeze out liquidity in the hope that more money...

  • *Energy stocks still drag Warsaw stock index lower. BUDAPEST/ WARSAW, Aug 24- Warsaw stocks eased on Wednesday, bucking a rebound of Central European shares, due to a fall in the profits of insurer PZU and a decline in energy sector shares in Europe. Poland's bluechip stock index touched its lowest level this month after state-controlled insurer PZU reported 56...

  • BUDAPEST/ WARSAW, Aug 24- Warsaw's bluechip stock index touched its lowest level this month on Wednesday after a fall in profit at state-owned insurer PZU added to worries over the health of the Polish financial sector. PZU stocks fell to a new record low after Eastern Europe's biggest insurer posted a 56 percent decline in second-quarter net profit to 166...

  • AMATRICE, Italy— The Latest on the earthquake in central Italy:. But an official with Italy's civil protection agency, Luigi d'Angelo, told Sky TG24 that about 35 people had been staying at the hotel, and most had managed to get out. Among the victims of an earthquake in Italy was an 18- month-old girl whose mother survived the deadly earthquake of 2009 in nearby...

  • BUDAPEST, Aug 23- Shares in Polish state-run insurer PZU fell to a record low on Tuesday on a report it would hold talks to buy Bank Pekao from UniCredit, a move investors worried could hurt future dividend payments. Warsaw's bluechip stock index has been one of Central Europe's worst performers with a 3.2 percent loss so far this year, compared with a 15.3 percent...

  • BUDAPEST/ WARSAW, Aug 22- The Polish zloty eased in early trade on Monday on concerns over a possible budget deficit overshoot, before regaining some ground helped by a rebound of Europe's main equities indices. In early trade the zloty fell to its weakest level in almost 3- weeks against the euro, after a source said Poland would set its budget deficit target at 2.9...

  • *Banks push down Warsaw stocks to 2- week low. *Moody's unlikely to change Romania's sovereign rating. BUDAPEST/ WARSAW, Aug 19- Poland's zloty and stocks slid on Friday as expectations of monetary easing by the central bank resurged, while other assets in Central Europe were mixed.

  • BUDAPEST/ WARSAW, Aug 18- Central European currencies partly erased gains on Thursday after disappointing retail and industrial output figures boosted bets on monetary easing in Poland. That appeared more likely in Poland after data showing industrial output fell by 3.4 percent in annual terms in July and retail sales growth slowed to 2 percent.

  • *Hungary, Romania hold bond auctions, good demand is seen. BUDAPEST, Aug 18- Central European currencies rebounded from multi-week lows and Hungary's and Romania's bond auctions were seen drawing healthy demand on Thursday as U.S. rate hike expectations have receded. Hawkish comments from two Federal Reserve rate setters knocked down assets in the European...

  • BUDAPEST/ WARSAW, Aug 17- Poland led Central European asset prices lower on Wednesday as comments from U.S. rate-setters boosted expectations of an interest rate hike there. A U.S. rate hike would cut the appeal of high-yielding but risky assets in emerging markets including the European Union's eastern members. The zloty eased by 0.4 percent to 4.2942 against...