by Gerhard Massenbauer | Nov 11, 2025 | Analysis, Markets, Multi-currency
Given the performance of the stock markets since April 2020, it is not surprising that profit-taking is now occurring after another successful year in 2025. Given the high level of liquidity, the introduction of new debt programmes to finance new infrastructure and...
by Gerhard Massenbauer | Oct 10, 2025 | Analysis, Markets, Multi-currency
From an economic perspective, apart from the ongoing drone incidents, the outlook for CEE currencies is likely to remain positive in the coming months and well into 2026. Relatively large wage increases are supporting consumption, while inflation, which has now...
by Gerhard Massenbauer | Sep 8, 2025 | Analysis, Markets, Multi-currency
A few weeks ago, hopes were raised that the war in Ukraine could be ended following the meeting between Putin and Trump. While I am not yet completely hopeless, developments over the past week suggest that a resolution will not come quickly. There is also a risk of...
by Gerhard Massenbauer | Jun 20, 2025 | Analysis, Markets, Multi-currency
The recovery of stock markets has also helped to stabilise CEE currencies. They continued to rise against the US dollar in line with the euro, with the Polish zloty (PLN) standing out in particular, rising more sharply against the US dollar than the euro. The Czech...
by Gerhard Massenbauer | May 15, 2025 | General
Following Trump’s tariff announcement on 2 April, it was not only the stock and bond markets that were in turmoil. The consequences of this risk-off sentiment were also clearly visible in the currency markets. CEE currencies reacted to stock market upheavals...
