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.
The financial markets are determined by two forces: the bulls and the bears. The former represents optimism, growth, and risk-taking, while the latter represents a period of pessimism, withdrawal, and uncertainty. However, for an investor, the question is not which side they are on, but rather whether they can recognize when which force is dominant, and how to adapt to it.
Intesa Sanpaolo achieved a net profit of 5.6 billion euros in the first half of 2026, which is the bank’s best half-year performance to date, the company announced. Despite the good results, the stock price on the Milan Stock Exchange has decreased by 0.1%.
The parliamentary committee investigating alleged abuses by the executive branch plans to obtain and process a large amount of data by contacting numerous government agencies and organizations, its members agreed during a meeting on Wednesday.