CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: ITALY NOV FLASH HICP +0% M/M, +1.6% Y/Y

MNI: EUROZONE NOV FLASH HICP +2.3% Y/Y

MNI: UK OCT M4 MONEY SUPPLY -0.1% M/M, +3% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Busy Week Ahead Amid Rising Political Tensions, Final CPI On Tap Today

POLAND
  • President Andrzej Duda and Prime Minister Donald Tusk will meet at 10:00GMT/11:00CET amid raging conflicts between the new administration and the main opposition party (PiS) as well as the head of state over the legality of the actions of Tusk's government. They are expected to discuss Tusk's upcoming visit to Ukraine, as well as domestic matters including the contentious dismissal of the National Public Prosecutor and the arrest of two convicted PiS lawmakers in the Presidential Palace last week, which resulted in a delay of the parliamentary debate on the 2024 budget until this week.
  • During an event over the weekend, Duda accused the ruling coalition of perpetrating a "terror of the rule of law". Separately, PiS leader Jaroslaw Kaczynski told the press that there will be a need to change the constitution once power changes hands, "even if it would have to be done using legislation adopted based on extraordinary rules". Elsewhere, Tusk pledged that "the occupation of public offices by PiS will end".
  • Just ahead of the weekend, Tusk revisited the proposal to probe NBP Governor Adam Glapinski, despite last week's verdict of the Constitutional Tribunal, which struck down existing procedures as incompatible with the organic law. Tusk said that the verdict is "non-binding, but there are other ways to pursue legal accountability". Money.pl ran a piece suggesting that the ruling coalition may still launch a probe into Glapinski's conduct while holding off on referring it to the Tribunal of State.
  • Worth noting that the Constitutional Tribunal will hear another case against the rules on prosecuting the NBP Governor this Thursday. Before that, on Tuesday, it will rule on the legislation used by the new administration to take over public media.
  • NBP's Ireneusz Dabrowski suggested that the MPC could hike rates or start QT if the new government allows anti-inflation shield measures to expire in 1H2024.
  • Statistics Poland will release final CPI readings for December at 09:00GMT/10:00CET.
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.