By John Kohut
Nov. 6 (Bloomberg) -- The following events and economic reports may influence trading in eastern European bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.
Czech Republic: The country’s trade surplus rose to 16.3 billion koruna in September from 10.6 billion in August, according to analyst estimates from a Bloomberg survey.
The central bank reports reserves for October. Foreign reserves were $41 billion in September. The report is due at 10 a.m. in Prague.
The koruna strengthened 0.6 percent to 25.864 per euro.
The yield on the 4.6 percent government bond due August 2018 increased four basis points to 4.26 percent.
Estonia: The government reports reserves assets for October at 9 a.m. in Tallinn. Reserves were 38.6 billion kroons ($3.7 billion) as of September.
Consumer prices dropped 2.1 percent in October from the year before, compared with a 1.6 percent annual decline as of September, economists surveyed by Bloomberg expect a government report to show. The report is due for release at 9 a.m. in Tallinn.
The kroon, which is pegged to the euro, was little changed at 15.6470 per euro.
Hungary: The country had a trade surplus of 370 million euros ($550 million) in September, according to a Bloomberg survey of economists before preliminary figure is released by the government at 9 a.m. in Hungary. That compares with 254.3 million in September.
The forint weakened 0.1 percent to 275.85 per euro.
The yield on Hungary’s 6.5 percent bond due June 2019 was unchanged at 7.55 percent.
Lithuania: October international-reserve figures are due for release. Reserves stood at 15.9 billion litas ($6.8 billion) as of September.
The litas, which is pegged to the European common currency, was little changed at 3.4527 per euro.
The yield on the country’s 3.75 percent bond due February 2016 was unchanged at 9.85 percent.
Poland: The government releases foreign-reserve data.
The zloty weakened 0.32 percent to 4.2586 per euro.
The yield on the 5.75 percent government bond due April 2014 dropped one basis point 5.70 percent.
Romania: The country is expected to sell 400 million euros of bonds.
The leu fell 0.2 percent to 4.3043 per euro.
The yield on the 6.75 percent government bond due June 2017 was little changed at 10.76 percent.
Russia: Data on money supply by narrow definition is due for release. Money supply was 4.1 trillion rubles ($141 billion) as of Oct. 26.
The ruble gained 1.4 percent from the Nov. 3 close, before a one-day holiday, the biggest advance since Aug. 13, to 28.9750 per dollar in Moscow.
The yield on the 7.5 percent government bond due March 2030 was little changed at 5.69 percent.
Turkey: Turkey’s asset sales agency plans to hold auctions for three power grids in the south, north and northeast of the country today. The auction is for the Coru, Yesilirmak and Osmangazi electricity networks, agency officials said on the usual condition of anonymity.
The lira appreciated 0.3 percent to 1.4871 per dollar.
The yield on the 16 percent government note due August 2013 was little changed at 9.67 percent.
To contact the reporter on this story: John Kohut in London jkohut@bloomberg.net.
Last Updated: November 5, 2009 20:00 EST
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