Report
Alessio Chiesa ...
  • Raffaella Tenconi

EME Macro/Strategy: macro all-in-one (2-8 October)

A number of Central Banks convened last week in Romania, Poland, Iceland and Kazakhstan, where the decisions were split between a pause and cautious rate cuts. In the US, household financial data were revised meaningfully in favour of consumer resilience, on the back of which we now expect fewer rate cuts next year. Meanwhile, in CEE, weaker private consumption and industrial production for August reasserted downside for 3Q GDP. In Hungary, several press reports suggested that the European Commission is moving closer to unfreezing part of the cohesion funds by the year-end, in exchange for support on Ukraine aid and possible accession talks.
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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