CEEMarketWatch

CEEMarketWatch is a subscription-based provider of news and analysis with a focus on macroeconomics and politics in Emerging Markets and the Euro Area periphery.

We cover more than 60 countries in CEE, the MENA, SSA, LatAm and the Euro Area on a daily basis. We add value to the news with local knowledge derived from local contributors. Clients appreciate our views and the continuous, personalized access to our diverse team of economists.


Our clients include the vast majority of banking EM desks, international financial institutions and central banks, credit rating agencies and some of the world’s major asset managers.

CEEMarketWatch offers:

  • Coverage of macroeconomic, fiscal, political, monetary and financial events for more than 60 countries.
  • Local presence in countries we cover.
  • Concise, accurate and rapid supply of information.
  • Answers to customer queries 24/7 - our analysts will answer editorial enquiries, providing useful background and data breakdowns if needed.
  • Thorough understanding of local politics and economics and who's who among local decision-makers.


CEEMarketWatch services:

  • Daily Coverage of important macroeconomic and political events.
  • Daily Press Reviews of CEE countries.
  • Special Reports on hot topics of high importance for the relevant country.
  • Weekly updated financial Calendar of data announcements and political events
  • Weekly Central Bank Watch report - our up-to-date view on monetary policy in key EM economies.
  • Election Watch – extensive coverage of local elections
  • Weekly Q&A report with all the questions asked by clients over the last 7 days and our answers.


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Regulatory Information

  • Regulatory Status: Non-regulated

Gross external debt falls by EUR 8bn in Q1 2020 to EUR 164.5bn

- Decline comes mostly due to reduction of non-residents' deposits at CNB - Considerable debt amortisation contributes as well, mostly of short-term bank securities - Non-residents' deposits likely to decrease further in Q2, given finance ministry's huge debt issuance on local markets - Slightly more than half of external debt is short-term, non-residents' deposits remain about a quarter of total

Kenyatta nominates new auditor general

- Nancy Gathungu is currently director of audit at the AG's office - Previous AG urged for more independence of the office

91-day T-bill yield falls at latest primary auction

- Government sells 3-month T-bills above target amid strong demand

Serbia, IMF to hold review under PCI this week

- Main topics to be COVID-19 economic measures, Serbia 2025 investment programme

Labour cost growth slows down to 10.2% y/y in Q1

- Gap to labour productivity gains remains persistent - Both wage, non-wage costs decelerate in Q1

Portuguese govt pledges to continue with fiscal consolidation

GDP growth projection for 2017 seem plausible, optimistic for next yearsGovernment to continue to shift focus from direct to indirect taxesGovernment cuts 2017 fiscal deficit target to 1.5%Public debt-to-GDP ratio to be on downward trend due to widening primary budget surplus

Spanish Government approves 2017 budget bill

Govt relies on revenue growth to reduce deficit in favourable economic climateBy sectors, the biggest risk lies with central government and Social SecurityRegional govts met deficit target in 2016, new target looks realistic too

Potential for monetary policy rate change in Russia

On balance, our preference is for on hold decisionWe think either on hold decision + more dovish rhetoric or rate cut + hawkish rhetoric will produce little market reactionA detailed look shows there are good arguments both for keeping rates unchanged or cutting them

Czechia’s likely future PM pledges lower taxes, to scrap incentives

Billionaire Babis re-elected ANO head in crushing majorityBabis criticises mainstream parties for allying against ANOANO strengthens powers of its chairperson in nominating election candidatesANO would scrap incentives rather than raise corporate income taxBabis for tax reduction for those earning up to CZK 113,000, VAT rates cuts, social insurance contributions reduction also possibleBabis advocates for reducing number of parliament's lower, upper houses' lawmakers to 101 altogether from 281 cu...

South Africa budget 2017 overview

Government keeps within spending and deficit targetsLow growth is a major risk on budget revenueTax hikes and spending cuts are needed to ease the pressure on borrowingStill borrowing will rise and debt will increase, stabilizing at 48% in 2019/20Public sector enterprises (esp. Eskom) remain a large risk on financesPolitical battles to weaken government focus on economy

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