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Banking Association Holds Presser After Dividend Curbs

POLAND
  • Focus today will be on PPI and industrial output data, among the last real data releases of the year. PPI is expected to slow 0.1% M/M (Prev. -0.5%) and slow 3.8% Y/Y (Prev. -4.1%). The data is due at 0900GMT/0400ET.
  • Tusk’s cabinet and lawmakers are set to meet today to discuss the restoration of constitutional order to the Polish court system.
  • The Polish Bank Association are set to hold a press briefing at 11am local time (1000GMT/0500ET). The conference follows confirmation late last week that the regulator will limit dividend payouts from banks in 2024 to 75% of the maximum allowance (from 100% this year).

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