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Stocks Hungary Latest Information
Hungary Bonds Gain as Orban’s IMF Pledge Props Up Debt Auction Stocks fell for a second day as Greek leaders held talks to secure rescue funds and China said industrial-output growth may slow. German bonds fell while the euro rose as a government official said Greece was working on a final draft of the document to receive international funding. Hungary's Orban Scambles to Save IMF Deal Hungary’s Premier Viktor Orban retreated in his confrontation with central bank chief Andras Simor, seeking to revive talks for an international bailout after a market rout this week. Stocks, bonds and the currency gained today. Forint Gains, Stocks Climb to Four-Month High on Bet Hungary to Get Aid The forint rallied and Hungarian stocks rose to the highest in four months on speculation the government will accept conditions imposed by the European Union and International Monetary Fund for a bailout. Orban Bows to Pressure as Hungary May Compromise in EU Feud Hungary bowed to mounting pressure from lenders and regulators as Prime Minister Viktor Orban signaled he would compromise over disputed laws that halted bailout talks, boosting the country’s currency and stocks. European Stocks Fall as German Bonds Rise on Greek Debt Talks European stocks fell for a second day and German bonds gained as Greece held talks to secure rescue funds. The Australian dollar jumped to a six-month high after the central bank unexpectedly kept interest rates unchanged. Europe Stocks Fall on Greek Debt Talks; German Bonds Erase Gain European stocks fell for a second day as Greek leaders held talks to secure rescue funds. German bonds erased gains while the euro rebounded after a government official said Greece was working on a final draft of the document to receive international funding. Hungary’s Unexpectedly Holds EU’s Highest Benchmark Rate on Forint Rally Hungary unexpectedly left the European Union’s highest benchmark interest rate unchanged as local assets rebounded from record lows after Premier Viktor Orban said he would yield in a row with the European Union. Orban Bows to Pressure as Hungary Signals Compromise in EU Feud Hungary bowed to mounting pressure from lenders and regulators as Prime Minister Viktor Orban signaled he would compromise over disputed laws that halted bailout talks, boosting the country’s currency and stocks. Hungary Sells Planned Amount of Debt As Yields Rise At Auction Hungary sold a planned 40 billion forint ($163 million) in six-week Treasury bills at an auction today as financing costs rose. |
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