The zloty is supported by consistently good sentiment on global markets, and in this context the question arises - can geopolitics harm it? Markets have basically stopped pricing in any way what is happening in Ukraine [...]
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10 May 2024
The "second caliber" data played the "first fiddle"
The "second caliber" data, i.e. applications for unemployment benefits in the USA, played the "first fiddle" yesterday. This is partly the result of the fact that the macro calendar is quite poor this week. Strong reaction of the weakening dollar [...]
1303
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8 May 2024
Is there room to reduce interest rates?
At the moment, no analyst or market participant expects any changes from monetary policy makers in Poland. However, there is still a discussion about whether the Monetary Policy Council will return to cuts later this year? [...]
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8 May 2024
Wall Street in consolidation. Tomorrow there will be a decision by the National Bank of Poland and the BoE
Wall Street was in consolidation mode on Tuesday. Volatility on the indices remained low after previous dynamic increases. In turn, the dollar slightly strengthened after the words of Neel Kashkari from the Fed, [...]