Czech koruna weakened further in the middle
Tomorrow will see the Czech money in January (December rose by 4.5% y / y). They will be published as well as producer prices in Hungary in January and Polish inflation expectations in February, which is expected to decline from 2.7% to 2.3%.Just the last figure is the opportunity to influence events at least minimally markets (market expectations for further rate cuts in Poland). Important data in the region will be published on Friday, when we will see the February PMI indices from industry. Thursday's trading on the regional markets will probably quieter again.
Czech swap yield curve on Wednesday fell further by about 3 bp along its entire length. This move was in line with developments in the euro counterpart.
Author: Jiri Skop
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