BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
The National Bank of Hungary (NBH) is expected to keep its key interest rate unchanged at the monetary policy meeting scheduled to be held today as its policy is still focusing on non-standard monetary trolls. This is despite a stronger domestic demand, buoyed by strong wages and retail sales growth of the country.
Moreover, the NBH provided extra liquidity (around HUF200 billion) for the market on Monday via 1-month swap at 0 percent interest rate. So it continues the easing of its monetary policy.
It is to be noted that roughly HUF 500 billion will be forced out from the NBH till the end of the year, thanks to the introduction of the maximum cap on the 3-month deposit. So, the NBH has been successfully working on lower Bubor interest rates and indirectly on a weaker forint.
In its framework, the NBH has made 200 billion HUF swap deal with commercial banks, and the same amount dealt last week. Meanwhile, the NBH increased the interbank HUF liquidity with 400 billion HUF in the last two weeks.
