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Europe Top News and Analysis Poland

  • *Romania fiscal, monetary policy uncertainty weighs on its assets. BUDAPEST, Nov 13- The leu set record lows on Monday despite expectations for robust output data from Romania, depressed by uncertainty over a likely government spending spree and continuing fraud investigations in Bucharest. Anti-corruption prosecutors opened a probe into the leader of the...

  • MINNEAPOLIS— Minnesota is hoping to host the first World's Fair on U.S. soil in nearly 40 years, but it will have to overcome bids by Poland's third-largest city, Lodz, and the Argentine capital of Buenos Aires when a winner is selected in the coming days. The Bureau of International Expositions will choose the site of the 2022 or 2023 specialized expo on Wednesday...

  • An unarmed Minuteman III intercontinental ballistic missile launches during an operational test at 2:10 a.m.

    Raytheon churns out about 20 Standard Missile (SM) variants per month, part of the effort to help repel a possible attack from North Korea.

  • BUDAPEST, Nov 9- The crown could lead a firming of currencies in the European Union's eastern wing in the next year, helped by the Czech central bank's tightening of monetary conditions, a Reuters poll showed on Thursday. The median forecast in the Nov. 6-8 survey of 37 analysts showed the crown gaining 1.6 percent against the euro in the next 12 months, relative to...

  • THURSDAY, NOVEMBER 9 SINGAPORE- Bank of England Executive Director Chris Salmon will be the Panellist at Profit and Loss Conference 0815 GMT. MEXICO CITY- Central Bank of Mexico publishes monetary policy statement. FRIDAY, NOVEMBER 10 SYDNEY- Reserve Bank of Australia issues statement on Monetary Policy 0030 GMT.

  • President Donald Trump salutes as he walks to Air Force One prior to departing from Langley Air Force Base in Virginia, March 2, 2017, as he traveled to Newport News, Virginia, to visit the pre-commissioned USS Gerald R. Ford aircraft carrier.

    President Trump promised to eliminate the defense sequester and "rebuild our military," but progress is mixed.

  • BUDAPEST, Nov 8- The zloty held onto its gains against the euro on Wednesday, outperforming Central European peers, after the Polish central bank revised its economic output and inflation forecasts mildly upwards. Governor Adam Glapinski reiterated at a news conference that interest rates should remain unchanged until the end of next year, and said a recent...

  • BUDAPEST/ BUCHAREST, Nov 8- The zloty firmed slightly on Wednesday as the Polish central bank started a meeting which may be followed by comments showing increasing worries over inflation. "We reiterate our projection of additional zloty appreciation potential towards EUR/PLN 4.20 until year-end," Raiffeisen analyst Wolfgang Ernst said in a note.

  • *Small-cap stocks put Budapest index on rollercoaster. BUDAPEST/ BUCHAREST, Nov 7- The leu hit its weakest level against the euro since 2012 on Tuesday after the market interpreted comments by the Romanian central bank governor as favoring a looser grip on the exchange rate. Together with other comments about more exchange rate flexibility, this suggests "that...

  • *Small-cap stocks put Budapest index on rollercoaster. BUDAPEST/ BUCHAREST, Nov 7- The leu eased on Tuesday while other Central European currencies were mixed ahead of a meeting of the Romanian central bank that is expected to deliver a relatively dovish message. The latest meetings of the European Central Bank and then the Czech central bank surprised many...

  • *Budapest stocks hit record high on pre-earnings MOL gains. BUDAPEST/ PRAGUE, Nov 2- The Czech crown retreated from a 4- year high on Thursday on surpise that the central bank's board had agreed unanimously to a modest 25 basis point rate hike and an outlook which pointed to fewer than expected rate hikes ahead. CNB Governor Jiri Rusnok said after the meeting that he...

  • *Hungary, Polish PMIs show growth, currencies track EUR/USD. *Budapest stocks hit record high on pre-earnings MOL gains. BUDAPEST/ PRAGUE, Nov 2- The crown hit a new four-year high against the euro as some investors bet for a bigger-than-consensus interest rate hike by the Czech central bank on Thursday.

  • *Polish Oct annual CPI drops to 2.1 pct as expected. BUDAPEST/ WARSAW, Oct 31- Poland's zloty firmed on Tuesday after figures showing annual inflation dropped slightly in October from a five-year high as forecast left expectations the central bank will raise interest rates next year intact. Tuesday's inflation figures did not change those expectations, said...

  • *Polish CPI, due at 1300 GMT, is seen showing mild retreat. BUDAPEST/ WARSAW, Oct 31- Central European currencies firmed slightly ahead of an expected drop in Polish October inflation figures due later on Tuesday that would still underpin expectations for central bank rate hikes in Prague and Warsaw. Polish central bank governor Adam Glapinski has projected...

  • BUDAPEST/ PRAGUE, Oct 26- Central European currencies and government bonds rebounded on Thursday as the European Central Bank reduced in scale but extended in time its asset-buying scheme in the euro zone. The programme has indirectly helped currencies and government bonds in the European Union's eastern members, too. The cut was deeper than expected but the...

  • BUDAPEST/ PRAGUE, Oct 26- Central European currencies and government bonds eased slightly amid some worries that the European Central Bank may signal faster than expected cuts in its asset buying programme on Thursday. The asset buying in the euro zone has indirectly helped currencies and government bonds in the European Union's eastern members, too.

  • *Hungarian bonds firm, MOL boosts Budapest stocks to record high. BUDAPEST/ PRAGUE, Oct 25- Czech bond yields rose to their highest levels since 2014 on Wednesday after expectations for a Czech central bank interest rate hike next month were reinforced by comments from a policymaker. CNB Vice-Governor Mojmir Hampl said that rates should go up and that the crown...

  • BUDAPEST/ PRAGUE, Oct 25- Czech bond yields rose to their highest levels since 2014 on Wednesday after expectations for a Czech central bank rate hike next year were reinforced by comments from a rate setter. CNB Vice-Governor Mojmir Hampl said interest rates should go higher. The Czech crown reached four-year highs on Tuesday after rate setter Tomas Nidetzky...

  • TBILISI- National Bank of Georgia monetary policy committee meeting. CHISINAU- National Bank of Moldova interest rate decision. SYDNEY- Reserve Bank of Australia Deputy Governor Guy Debelle will give a speech at the Warren Hogan Memorial Lecture at University of Sydney 0745 GMT.

  • BUDAPEST/ WARSAW, Oct 24- Hawkish comments from the Czech central bank boosted the crown to a four-year high, while dovish remarks from the National Bank of Hungary knocked the forint to a two-week low on Tuesday. The CNB may consider a 50 basis points hike, which would triple its main rate, at its meeting on Nov. 2, board member Tomas Nidetzky told Reuters.