2Q GDP growth flash estimates round-up
The flash estimates for 2Q GDP growth released yesterday (16 August 2017) show the Czech Republic and Romania faring better than expected, Hungary worse and Poland in line. Growth across CE4 remains well above the Eurozone average for 2Q (2.1%). Of the CE4 central banks, the CNB has already begun its tightening cycle, and we expect the MNB to follow suit before the end of the year, while we do not expect the NBP nor the NBR to begin theirs until next year. Regarding near-term exchange rate movements, we expect all the CE4 domestic currencies to appreciate, apart from the RON.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.