Tania Kotsos
Tania Kotsos
excuse looking people poland provided providing reasons sell
People were looking to sell the zloty as it's done very well and Balcerowicz provided an excuse to do so. Any uncertainty in Poland is always going to come from politics, providing reasons to sell the currency.
bonds bullish currency expected gains hungary inflation low therefore
Low inflation is bullish for bonds in Hungary and therefore for the forint. We could see some gains in the currency on anticipation of a lower-than expected inflation figure.
basically coalition focus main market parties remains sort talks trusts
The main focus remains the coalition talks and the market still basically trusts that the two parties will come to some sort of a compromise.
gold rally rand saw seen
The rally we've seen in the rand has come squarely on the back of the rally we saw in the gold price.