CEE MARKETS-Forint hits one-month high, stocks extend gains on trade hopes
The Hungarian forint scaled a one-month peak against the euro on
Thursday while the Polish zloty touched a nearly three-week high, continuing a week of gains after
touching new lows.
Stocks also largely gained as global markets kept faith a trade deal between the United States
and China could be reached. Prague headed toward a multi-month high and Budapest was
close to a record high set last month on the back of a surge in bank OTP shares this year.
Thursday while the Polish zloty touched a nearly three-week high, continuing a week of gains after
touching new lows.
Stocks also largely gained as global markets kept faith a trade deal between the United States
and China could be reached. Prague headed toward a multi-month high and Budapest was
close to a record high set last month on the back of a surge in bank OTP shares this year.
Central
Posted by Reuters
