CEE MARKETS-FX, stocks fall as threat of Middle East conflict grows
Central European currencies
fell on Friday and stocks gave up some of the previous day’s
gains, after a U.S. air strike killed a top Iranian military
official.
The region started the new year strong on Thursday, with
Budapest’s stock index reaching a record high and the Czech
crown climbing to its highest against the euro since April 2018.
But currencies and shares fell back as world stocks slipped and
oil prices soared.
Markets
fell on Friday and stocks gave up some of the previous day’s
gains, after a U.S. air strike killed a top Iranian military
official.
The region started the new year strong on Thursday, with
Budapest’s stock index reaching a record high and the Czech
crown climbing to its highest against the euro since April 2018.
But currencies and shares fell back as world stocks slipped and
oil prices soared.
Markets
Posted by Reuters