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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.
POLAND
- Consumer confidence fell more than expected in November to -23.3 (vs. -18.8 exp.), down from -17.8 the previous month, as Covid uncertainty keeps weighing on the economic outlook.
- The index currently stands at its lowest level since February 2021, but could continue to deteriorate further as Polish government increases the restrictions to limit the downside risk of a fourth wave of infections.
- Selling pressure on PLN has remained elevated, with EURPLN reaching a new local highs at 4.6870 this morning (highest level since March 2009).
Source: Bloomberg/MNI
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.
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