Romania – Factors to watch on Oct. 3

BUCHAREST, Oct 3 (Reuters) – Here are news stories, press reports and events to watch which may affect Romanian financial markets on Wednesday.

RATE MEETING

The central bank holds interest rate-setting meeting. Economists polled by Reuters expect it to keep its benchmark rate on hold at 2.5 percent.

PPI DATA

Industrial producer prices rose 5.9 percent on the year in August, and edged up 0.6 percent on the month.

CEE MARKETS

Hungary sold 3-month Treasury bill yields at a negative yield on Tuesday as market players expect that the government might cut debt issuance in the rest of the year and the Hungarian central bank keeps interest rates low.

LGBT

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Gay bar owner and novelist Alex Andronic fears a referendum this weekend in Romania that aims to prevent same sex couples ever securing the right to marry not only darkens his future, it will also stir an intolerable level of hate and discrimination.

BREXIT

Romania’s President Klaus Iohannis said after meeting the European Union’s Brexit negotiator Michel Barnier on Tuesday that a deal with Britain was “desirable and possible”.

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