MNI BRIEF: Fed Says All Largest 31 US Banks Pass Stress Tests

MNI BRIEF: Panetta Says ECB On Course For Inflation Target

MNI BRIEF: China Yuan Supported By Exports, Short Swing Sees

MNI BRIEF: RRR Trim A Better Option Than Rate Cut Now: BOC

MNI China Daily Summary: Wednesday, June 26

MNI DATA TABLE: MNI China Interbank Liquidity Index (Jun) - 1

US EIA: CRUDE OIL STOCKS EX SPR +3.59M TO 460.7M JUN 21 WK

MNI: US MAY NEW HOME SALES -11.3% TO 0.619M SAAR

EZ/UK Bond Supply Calendar: 5/10-year BTPs / CCTeu Due Thursday​

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

NBP To Announce Monetary Policy Decision

POLAND
  • The NBP is universally expected to keep interest rates unchanged today. Below-forecast May CPI data, disinflationary structure of Q1 GDP, a stronger exchange rate and dovish comments from several MPC members have inspired the market to add rate-cut bets at the turn of the month. There is no fixed time for the announcement of the rate decision or for the release of the statement, but the central bank typically gives an early notice. Click here to see our full preview, including a summary of sell-side views. Looking further afield, Governor Adam Glapinski will hold his usual press conference tomorrow.
  • Poland's EU Minister Szymon Szynkowski vel Sek said that the government is analysing a verdict of the EU's Court of Justice (CJEU), which ruled on Monday that Poland's judicial reforms violated the bloc's law. Szynkowski vel Sek said that some of the CJEU's concerns have already been addressed, while other issues would be resolved by the adoption of measures included in court reforms recently adopted by parliament and currently under review in the Constitutional Tribunal.
  • The Supreme Court is due to discuss the presidential pardon for current Interior Minister Mariusz Kaminski today. It is unclear how it will approach the matter following the Constitutional Tribunal's ruling issued last Friday that it cannot scrutinise the use of the pardon power by the President. There is a risk that the Supreme Court could still go ahead and resume the case against Kaminski, citing doubts over the appointment of some of the Tribunal's judges.
  • Rzeczpospolita reports that Poland's ruling party was surprised by the amendments to a controversial law on investigating Russian influence in the country proposed by President Andrzej Duda. Sources told the newspaper that the party has not yet decided whether to back the amendments.
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.