befektetes-bankForint regains strength
The forint strengthened against the major currencies on Wednesday morning compared to the previous afternoon’s figures in the foreign exchange market.
Money, investment, and bank
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Featured Analysis
The forint is getting increasingly worse, falling to 365.
The forint’s trading on Thursday initially stabilized, but the exchange rate weakened throughout the day due to the international mood and expectations regarding US labor market data. Important factors include the US-Iran negotiations, the price of oil, and expected interest rate changes by the Japanese and US central banks. The KSH’s unfavorable industrial and retail data also affected the forint, while demand for Hungarian government bonds remained stable.
Latest Dispatches
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befektetes-bankOTP Bank's profits fell short of expectations in the second quarter.
The financial results and balance sheet figures were significantly affected by the strengthening of the Hungarian forint against the euro.
befektetes-bankIt has become known what happened on the New York Stock Exchange.
Stock market indices in New York closed higher on Tuesday.
befektetes-bankStrong underlying processes at OTP, and several additional items.
In the second quarter of 2026, OTP achieved a tax profit of 305.8 billion forints, which is 73 percent higher than the profit in the first quarter, but down 7 percent year-on-year. The decline is not due to weakening core operations, as interest income and loan portfolios continued to grow. The result was affected by changes in interest rates, revaluation of certain financial instruments, and increased operating costs.
befektetes-bankThe OTP has continued to rise significantly, despite the fact that this is only the latest major development.
The OTP loan portfolio continues to grow, margins are improving, and the return on equity remains excellent. The underlying processes are stable, but the numbers are made more difficult to interpret due to extra items, such as interest rate caps and bank-specific fees. The management has revised its forecast, and important information has been hidden in the press release. More details can be found in the announcement.
befektetes-bankHe has already sold his F-16s to Ukraine, and this is a major problem.
The Ukrainian Air Force is not using the Western aircraft for their intended purposes. This could pose a risk to pilots, but it also raises concerns for Ukrainian civilians.
befektetes-bankAfter the US announcement, the forint started to rise.
The forint has strengthened against the euro to a level of 361.6, while the exchange rate against the dollar is around 313.6. The movement of the forint is noteworthy, as the market has previously been characterized by a wait-and-see attitude. The increase on Tuesday was supported by the improving international investor sentiment, which reacted to the news of the possibility of a US-Iranian agreement. This week, the US employment report will also play an important role in shaping the Fed’s interest rate decisions.
befektetes-bankIt has become widespread on TikTok that it is possible to walk across the Danube to the Sziget Festival, and the organizers have responded.
The experiment carries a life-threatening risk.
befektetes-bankThe euro became cheaper on Tuesday evening.
The forint also strengthened against the dollar.
befektetes-bankThe great Ceuta mystery, or who was responsible for Spain's defeat?
There is no definitive answer, but we will highlight some possible scenarios in this week’s “Magnifying Glass”.
befektetes-bankProcter & Gamble announces a major deal
Procter & Gamble acquires the Thorne dietary supplement brand for $3.8 billion, strengthening its health and wellness business. P&G’s shares reacted mildly to the announcement.
befektetes-bankBoth Mol and the BUX index set a record.
Magyar Telekom had a strong day.