US Secretary of State Rubio says that US President Trump is deeply committed to Hungary's PM Orban's success and will support Orban if Hungary encounters any trouble
Newsquawk Staff ·
US Secretary of State Rubio says that US President Trump is deeply committed to Hungary's PM Orban's success and will support Orban if Hungary encounters any trouble.
What it means
This statement from US Secretary of State Rubio suggests a strong diplomatic backing for Hungary's PM Orban from the US administration, which may stabilize investor sentiment in Hungary and the surrounding region. The commitment to support Orban could affect EU relations and might influence currency markets, particularly the EUR and JPY, as geopolitical tensions often impact forex flows and risk appetite.
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