Hledat v komentářích
Investiční doporučení
Výsledky společností - ČR
Výsledky společností - Svět
IPO, M&A
Týdenní přehledy
 

Detail - články
Hopeful comments from Hungarian government, Czech industrial production surprisingly strong in November

Hopeful comments from Hungarian government, Czech industrial production surprisingly strong in November

6.1.2012 12:40

The Hungarian forint recouped part of its losses as comments from Hungarian government officials brought some hope that a deal on a new IMF loan could be reached soon. Recall that minister without portfolio Tamás Fellegi, who is to head Hungary’s delegation at the talks, said the government’s was ready to conclude an agreement as quickly as possible. It is worth noting that Fellegi leaves for Washington to meet IMF officials for talks about a new stand-by loan this weekend, while the talks should be held next week.

While the Fund might listen to Hungarian official more quietly, it seems that the EU still plays a hawkish tone. A European Commission spokesman told the Wall Street Journal yesterday that the EC would still require to change a controversial law about the central bank. At this moment the Hungarian government is not ready to make such a concession.

Interestingly, both the Czech Republic and Hungary have released industrial production data for November this morning. Both export-oriented industries posted surprising strong gains. While for instance in the case of the Czech industry some positive one-off factors could play some role, it is evident that the above mentioned gains clearly do not track the weak regional PMI’s. It rather seems that the (currently strong) German Ifo is a better leading indicator for both Czech and Hungarian industrial output.


Váš názor
Na tomto místě můžete zahájit diskusi. Zatím nebyl zadán žádný názor. Do diskuse mohou přispívat pouze přihlášení uživatelé (Přihlásit). Pokud nemáte účet, na který byste se mohli přihlásit, registrujte se zde.
Aktuální komentáře

Související komentáře
Nejčtenější zprávy dne
Nejčtenější zprávy týdne
Nejdiskutovanější zprávy týdne
Denní kalendář hlavních událostí
ČasUdálost
9:00CZ - PPI, y/y
11:00EMU - CPI, y/y