Emerging Assets Pressured as Higher Oil Stokes Inflation Worries


Later on Tuesday, Hungary’s parliament will confirm the election of Andras Baka, a former supreme court chief ousted by ex-premier Viktor Orban, as the country’s next president. Commerzbank AG has cited Baka’s appointment as a key step in new Prime Minister Peter Magyar’s drive to restore the rule of law, underpinning the allure of Hungarian assets this year.



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