HUNGARY: Government Plans to Cut Taxes for Small Businesses
- "HUNGARY PM AIDE GULYAS: GOVERNMENT PLANS TAX CUTS FOR SMALL BUSINESSES" - RTRS
- "HUNGARY PM AIDE GULYAS: HOPES TO ANNOUNCE AGREEMENT NEXT WEEK"
The latest in a series of pre-election pledges from the incumbent government. Recently, Prime Minister Orban has been floating the idea of extending pension payments to 14 months and raising public sector wages by 15% amid sluggish growth.
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FRANCE: RTRS-PS Won't Back Far-Left, -Right Censure Motions, Could Present Own
Reuters confirming MNI's expectations in earlier bullet (see 'FRANCE: Censure Motions Against PM Go Before Parl't On 16 Oct; PS Stance Crucial', 10:28BST), with its sources claiming that the centre-left Socialist Party (PS) will not vote against the second gov't of PM Sebastien Lecornu in censure motions filed by the far-left La France Insoumise or the far-right Rassemblement National, condemning both to defeat.
- However, sources claim the party will file its own motion of no confidence if it is unhappy with Lecornu's budget proposals (see 'FRANCE: Budget Deficit To Be 4.7-5.0% In 2026; Watchdog Expresses Doubts', 09:54BST, and 'FRANCE: Early Details Of Budget Proposals Being Circulated', 09:37BST).
SONIA OPTIONS: SFIZ5 96.25/05/85 Put Fly Sold
SFIZ5 96.25/05/85 put fly 4k given at 10.25, taking profit per desks.
OPTIONS: Expiries for Oct14 NY cut 1000ET (Source DTCC)
- EUR/USD: $1.1450(E537mln), $1.1500(E848mln), $1.1600(E663mln), $1.1650(E636mln)
- USD/JPY: Y151.50($691mln), Y152.00($751mln)
- AUD/USD: $0.6500(A$1.0bln), $0.6580-00(A$1.2bln)
- USD/CAD: C$1.4000-10($598mln)
