Hungary still aiming for US backstop after first attempt fizzles, Orban says

Hungary's Prime Minister Orban has reiterated the country's aim to strengthen ties with the U.S., aiming for financial backing amidst economic uncertainty. His statements come after a previous attempt at securing U.S. support fell short. This situation raises concerns among investors about Hungary's economic policy and fiscal stability. As specific details about potential financial support remain undisclosed, market reactions could be sensitive, particularly towards Hungarian bonds and related financial products. With the ongoing fluctuations in trust regarding Hungary's economic recovery, the market will need to closely monitor any forthcoming announcements, especially in light of U.S. economic policy and interest rate directions.