Is this the end of the crisis in Europe? What will the week bring?

The first week of this year in the markets was marked by increases. The optimism of investors is fueled by weather conditions in Europe. Temperatures across the continent are clearly below average, and a warm winter is associated with a drop in gas demand. The raw material, which was to become Vladimir Putin's political weapon, is getting cheaper, and gas stocks in European warehouses are at a high level. We even observe an anomaly in the form of an increase in the filling of warehouses, despite the fact that we are in the middle of the heating season. The improvement in energy price expectations is also significant.

Inflation is falling

There is a growing chance for a further, significant drop in inflation in Europe, and consequently, European Central Bank it may not be forced to tighten as much as it currently communicates. Falling inflation also means improving the competitiveness of European industry and reducing the level of destruction of demand as a result of rising prices. It is worth noting, however, that core inflation in the euro area remains at an elevated level, which may not diminish the determination of ECB decision makers.

We invite you to a meeting with the Chief Economist XTB Dr. Przemysław Kwiecień, in which he will focus on the key topic of this week - is this the end of the crisis in Europe?

In today's video:

• Is this the end of the energy crisis in Europe?
• What next for ECB policy?
• What do we know about the situation in China?

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In addition, due to the very dynamic situation in the world, additional ones will be made available raports Video on the impact of war, pandemic and economic crisis on the global economy.

About the host

Dr Przemysław Kwiecień - Chief economist X-Trade Brokers. Doctor of Economics at the University of Warsaw, graduate of the University of Warsaw and London Metropolitan University (MSc). Holder of the prestigious CFA certificate. He has been working for XTB since 2007, previously he gained experience as an advisor to the Minister of Finance, Mirosław Gronicki, and an economist at Bank Millennium. At XTB, he manages the Analysis Department.

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