Report
Alessio Chiesa ...
  • Raffaella Tenconi

EME Macro/Strategy: macro all-in-one (16-22 June)

Last week, the key events included a dovish tilt from Türkiye’s Central Bank, amid easing inflation; a more hawkish Fed forecasts outlook, while holding rates; and Romania’s push for fiscal reform, with a new PM nominee. The Central Banks in Georgia and Uzbekistan kept the rates unchanged, but struck cautious and hawkish tones, respectively, while Kazakhstan’s growth remained strong, despite softer industrial momentum. Political tensions rose in Hungary over EU rights, and Poland announced a limited presidential vote recount, which is unlikely to alter the result, however. During the weekend, US strikes on Iranian nuclear sites raise fears of Iran closing the Strait of Hormuz, risking disruption of 20% of global oil supply and spiking prices.
Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Alessio Chiesa

Raffaella Tenconi

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