CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

PLN: Zloty Falters Alongside Rest Of EM FX Bloc

PLN

EUR/PLN has ticked higher as broader greenback strength coincides with weakness in EM FX space, with political risk associated with the French election keeping market participants on their toes. The rate last changes hands at 4.3278, 113 pips higher on the session, and bulls look for gains past Jun 21 high of 4.3360 and towards Jun 14 high of 4.3826. On the flip side, bears initially keep an eye on 4.2791, the 76.4% retracement of the May 28 - Jun 14 rally.

  • The NBP's Monetary Policy Council convenes for a two-day meeting in Warsaw, before the announcement of the rate decision tomorrow. The Council is expected to stand pat on rates again, but this time around the central bank will have a new set of staff forecasts. Governor Glapinski's presser will shed more light on the MPC's thinking on Thursday.
  • POLGB yields are a tad lower across the curve; the WIG20 Index has shed 0.8%.
PolandCEEMEAEM BulletBulletGlobalEmerging Market NewsRegion

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.