MNI China Daily Summary: Friday, January 10

MNI BRIEF: China To Adopt Very Proactive Fiscal Policy-Offical

CANADA LIBERAL LEADERHIP VOTE TO REPLACE TRUDEAU SET FOR MAR 9

MNI BRIEF: PBOC Suspends Bonds Trades As Yields Drop

MNI: PBOC Net Drains CNY14.8 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1891 Fri; -2.36% Y/Y

USDA: CORN STOCKS 12,074M BSL ON JAN 1

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.87B BSL

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

PLN: Zloty Marginally Softer, Unemployment Rate Slips

PLN
PolandCEEMEAEM BulletBulletEmerging Market News

EUR/PLN trades +32 pips at 4.3081 and bulls look for firmer gains towards Nov 6 high of 4.3758 and Jun 14 high of 4.3826. Conversely, bears keep an eye on Oct 14 low of 4.2867 after the pair refreshed multi-week lows in morning trade.

  • Poland's unemployment rate edged lower to 4.9% in October from 5.0% prior, despite expectations that it would stay unchanged. The Polish Economic Institute flagged an interesting discrepancy between growing concerns about losing job evident in survey data paralleled by a stable situation in the job market, with no major swings recorded in key parameters such as the number of layoffs and job vacancies.
  • Market participants took note of the latest round of comments from ECB's Schnabel, who called for caution in loosening EZ monetary policy, sending the single currency to new session highs.
  • POLGB curve has bull flattened, even as the space started the session on a softer footing. Yields last sit 2.0-6.4bp lower across the curve.
  • The WIG20 Index has shed 0.8% this morning.
165 words

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.

EUR/PLN trades +32 pips at 4.3081 and bulls look for firmer gains towards Nov 6 high of 4.3758 and Jun 14 high of 4.3826. Conversely, bears keep an eye on Oct 14 low of 4.2867 after the pair refreshed multi-week lows in morning trade.

  • Poland's unemployment rate edged lower to 4.9% in October from 5.0% prior, despite expectations that it would stay unchanged. The Polish Economic Institute flagged an interesting discrepancy between growing concerns about losing job evident in survey data paralleled by a stable situation in the job market, with no major swings recorded in key parameters such as the number of layoffs and job vacancies.
  • Market participants took note of the latest round of comments from ECB's Schnabel, who called for caution in loosening EZ monetary policy, sending the single currency to new session highs.
  • POLGB curve has bull flattened, even as the space started the session on a softer footing. Yields last sit 2.0-6.4bp lower across the curve.
  • The WIG20 Index has shed 0.8% this morning.