Services in Europe are doing well. The situation is worse with industry. At least this is what the preliminary PMI indicators published yesterday show. The same data for the US economy showed a decline in both [...]
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April 23 2024
A rebound in the indexes does not mean a return to growth
We are in a blackout period, which means that no comments from Fed representatives will be released to the market. This is also information that another FOMC meeting is scheduled for next week. Today in the center [...]
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April 22 2024
A bumpy week for the zloty. Is it just turbulence?
There's a lot going on in the market. We have geopolitical tensions in the Middle East, the receding prospect of interest rate cuts in the US, and the quarterly earnings season in the US starting quite nervously. This creates quite an interesting [...]
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April 19 2024
Unrest in the Middle East again, retaliatory attack on Iran. What about oil?
The most important event in recent hours was Israel's attack on Iran in retaliation for last weekend's attack. According to both sides, the attack was not significant, but it led to significant market movements, which are [...]