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Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


Oil Up For Fifth Week On Supply Disruption, Geopolitics

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  • EU Dombrovskis commented earlier that it is unlikely that the EU will finalize work on Poland recovery plan this year.
  • We previously mentioned that the ongoing dispute with the EU was one of the major risks for PLN and Polish risky assets in the medium term.
  • A delay in pandemic aid combined with the rise in uncertainty over the economic outlook could both weigh on growth expectations and therefore on the zloty.