CEE MARKETS-Stocks edge higher, crown underperforms in wake of central bank rate cut
May 12, 2020 at 05:31 AM EDT
Central European currencies held stable and stock markets mostly edged higher even though global investor sentiment suffered from worries of a second coronavirus wave as lockdown measures are being lifted. Infection rates in Germany jumped and new clusters of infections appeared in China and South Korea. Currencies in the region were mostly stable, with the Czech crown underperfoming peers and losing 0.17% of its value to the euro on