befektetes-bankNew sanctions package against Russia is coming
Greece was the most resistant.
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-bankThe bank boss announced: he would be willing to make concessions in order to get the target.
Andrea Orcel, the CEO of UniCredit, announced that the bank is prepared to make concessions in negotiations with Commerzbank, after their stake reached 48 percent. Orcel is also planning to hold talks with the German government and the representatives of Commerzbank’s employees. UniCredit recently reported significant quarterly results, which has led to an upward revision of its profit forecast for the year.
befektetes-bankThe eurozone is facing a crucial decision, and investors are paying close attention to this today.
The European Central Bank will announce its interest rate decision in July.
befektetes-bankThe European benchmark interest rate has increased significantly, and this could be a sign of recovery.
Two-digit growth in the European passenger car market.
befektetes-bankThe Google parent company announced surprisingly strong figures, but investors were not interested.
It’s not just about the good results.
befektetes-bankThe truth has emerged about the savings of Hungarians: this amount of money was deposited into the largest pension fund.
The largest Hungarian pension fund, OTP Pension Fund, has surpassed 600 million forints in assets, according to OTP Pénztárak. The average monthly contribution per pension fund member increased to 16,000 forints in the first half of the year, but it is important to note the distinction between paying and non-paying members.
befektetes-bankShould we start worrying? The price of natural gas has skyrocketed in Europe.
Amidst the latest surge in energy prices, crude oil could become particularly expensive for gasoline buyers, potentially ending the era of cheap gas.
befektetes-bankMagyar Péter announced tax exemptions for prescription drugs.
Starting September 1st.
befektetes-bankWe only have bad news about the Hungarian market.
Weakening stock market and forint.
befektetes-bankIn two years, Tamás Sulyok has become quite wealthy, saving over 120 million forints.
Based on Tamás Sulyok’s final asset declaration, the former president held more than 123 million forints in financial assets and claims in addition to his real estate. According to the documents, his real estate portfolio remained essentially unchanged, while the value of his investments increased by more than 76 percent compared to the declaration upon taking office.
befektetes-bankGermany to become stricter, more Afghan migrants could be deported
They are no longer only able to identify criminals.
befektetes-bankHyundai is losing millions per hour due to strikes, but robots could save the day.
Hyundai’s second-quarter operating profit missed analyst expectations due to a decrease in global sales. Demand has been affected by economic uncertainty in the United States, as well as increasing competition from rivals in China, according to Bloomberg.