Report
Alessio Chiesa ...
  • Raffaella Tenconi

EME Macro/Strategy: macro all-in-one (12-18 February)

In the past week, in Romania, the NBR maintained its policy rate at 7.00%, signalling potential rate cuts ahead. The 4Q24 GDP releases for CEE were downbeat, as expected. We highlight the recent political news in Poland and Hungary, concerning the NBP governor and NATO. On data releases, in Turkey, the current account deficit narrowed at the end of last year, and retail sales slowed, but the unemployment rate declined. inflation in the Czech Republic and Greece declined. On the contrary, Romania recorded an increase in inflation, alongside a current account deficit; Georgia witnessed a widening trade deficit; and Kazakhstan's monthly GDP fell slightly.
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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