Romania - Factors to watch on Feb. 11

BRD Groupe Societe Generale SA

11/02/2020 06:25

BUCHAREST, Feb 11 (Reuters) - Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Tuesday.
    
    INFLATION FORECASTS
    Romanian central bank Governor Mugur Isarescu holds a news
conference to present the latest inflation forecasts for this
year and 2021 from 0900 GMT.
    
    AVERAGE WAGE DATA
    Romania's National Statistics Board to release average wage
data for December at 0700 GMT.
    
    MACRO POLL
    The median forecast of a Reuters poll of analysts puts
Romanian inflation at 3.6% year-on-year at the end of January,
down from December's 4.0%.  urn:newsml:reuters.com:*:nL8N2AA3AV
    
    TRADE DEFICIT
    Romania's foreign trade deficit widened by roughly 14% on
the year in 2019 to 17.28 billion euros ($18.92 billion), the
National Statistics Board said on Monday.  urn:newsml:reuters.com:*:nS8N28N064
    
    DEBT TENDER
    Romania's finance ministry sold a more than planned 1.26
billion lei ($289.53 million) worth of June 2024 bonds on Monday
at an average yield of 3.68%, central bank data showed. 
     urn:newsml:reuters.com:*:nFWN2AA1GT

    GOVERNMENT
    Romania's opposition Social Democrat Party (PSD) said on
Monday they would go to court to challenge President Klaus
Iohannis's move to renominate the ousted Ludovic Orban as prime
minister, which could derail plans to trigger an early election.
     urn:newsml:reuters.com:*:nL8N2AA4R2
    
    CEE MARKETS
    Fears of an impact from the coronavirus outbreak mostly
bypassed emerging Europe early on Monday, with the region
considered a comparative backwater, enabling most markets to
rise slightly.  urn:newsml:reuters.com:*:nL8N2A66MT
    
    TAX DECREE
    Romania's Senate rejected on Monday a government decree that
dismantled some banking and energy taxes introduced by the
former ruling Social Democrats in early 2019 without public
debate or impact assessment. The decree will be sent for debate
in the lower house, which has the final say. www.g4media.ro
                
    For other related news, double click on:
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