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 Italian trade unions of BNP Paribas have started negotiations with the bank’s management regarding the new strategic plan’s measures in Italy. The unions want the proposed changes to take into account the interests and protection of employees. The CEO’s goal is to achieve cost reductions, which he believes could result in a cost-to-revenue ratio of up to 50 percent through efficiency-enhancing measures.
Torsten Bell will remain as Minister of Pensions, which the profession sees as a sign of stability and continuity. According to the list of appointments by the British government, Bell will continue to hold his position as a parliamentary secretary, representing both the Ministry of Finance and the Department for Work and Pensions - writes FT Adviser.
Péter asked if he was offered the Szemünkfénye life insurance at the post office and if it was worth buying. As a financial product for investment… This was suggested. Should I buy it? This post, “Should I buy it?” was first published on the blog “Kiszámoló - a financial blog”.
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