MNI BRIEF: China Steel Market To Remain Subdued In August

MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI CNB WATCH: Cut Pace Slows To 25Bps, Price Pressures Remain

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

US EIA:NAT GAS STORAGE +18 BCF TO 3,249 BCF JUL 26 WK

MNI: US JUN CONSTRUCT SPENDING -0.3%

MNI: US ISM JUL MANUF PURCHASING MANAGERS INDEX 46.8

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Majority of MPC Members Still Favor Low Rates For Longer

POLAND
  • This week was marked by the deceleration in Polish inflation, with the June Preliminary CPI print up 4.4% YoY (vs. 4.6% expected) and down from 4.7% from the previous month.
  • MPC members Gatnar and Zubelewicz mentioned that they were aiming for rate hikes in order to curb inflationary pressures.
  • At the same time, the uncertainty over the economic recovery remains elevated. Polish Health Minister Adam Niedzielski commented in Radio Plus that he sees risk of a 4th Covid Wave in late August, therefore wearing masks indoors will remain mandatory for longer.
  • Yesterday, manufacturing PMI rose more than expected to 59.4 (vs. 57.1 exp.), up from 57.2.
  • Next important event is the NBP policy meeting on July 8; NBP expected to keep benchmark rate steady at 0.1%.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.