fxstreet.com 22 Feb, 2021 14:00 am

Croatia and Slovenia to report 4Q20 GDP figure

Croatia and Slovenia to report 4Q20 GDP figure
The CEE Recovery Index continued to move in a narrow range in the week ending February 13. Mobility across all categories deteriorated, with the bigge

In Hungary, the central bank will hold its MPC meeting.Increasing weakening pressure on the Romanian leu pushed the central bank to effectively tighten monetary conditions last week, as the NBR accepted all bids at its deposit tender at the key rate level, reducing excess liquidity from the market.This week’s central bank meeting in Hungary should be a non-event and we expect the MNB to remain in wait-and-see mode as long as the forint remains relatively stable.FX market developments Last week, the Czech koruna corrected towards 25.

Bond market developments Yields on CEE bond markets moved up last week, following an increase of yields on major markets triggered by very positive sentiment indicators.The CEE Recovery Index continued to move in a narrow range in the week ending February 13.

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