-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessEUR/PLN Touches New Weekly Low on Higher CPI
- September prelim CPI data came in ahead of expectations, with the Y/Y figure lurching higher to touch 5.8% - another new high and the fastest rate of inflation since 2001. The inflation data comes ahead of next week's NBP rate decision, at which the bank are still expected to keep the base rate unchanged at 0.10%. Markets may look through next week's decision in favour of November's - at which the NBP release fresh econ forecasts.
- Local analysts expect near-term price pressures to persist, with MBank reiterating their call that the rise in prices is not over, and will top out at above 6%.
- PKO Bank are to begin out-of-court settlements to mortgage holders from next week, with offers rolled out to FX loan clients who have sued the bank. Reports follow PAP writing earlier in September that there was little appetite among loan-holders to accept these offers, which could trim take up.
- S&P are to review the Polish credit rating after the close Friday. They currently rate Poland at A-. Elsewhere, the Polish central bank hold an economic conference, so headlines can be expected throughout the session.
- PLN already trades firmer on the inflation release, with EUR/PLN pushing to fresh weekly lows of 4.5834. Further local strength could open support down at the 50-dma of 4.5703 - a slip through here would be bullish PLN.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.