MNI BRIEF: Japan Nov Sentiment, Outlook Indexes Rise

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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 Ticks Higher, Ignores Flooding Reports

PLN
PolandCEEMEAEM BulletBulletGlobalEmerging Market NewsRegion

EUR/PLN has shed 55 pips to last trade at 4.2749 and bears look to force a move towards Aug 16 low of 4.2614, which is followed by the 4.25 support zone. Bulls keep an eye on Aug 28/Sep 12 highs of 4.3039/43.

  • The cabinet debates announcing a state of emergency over widespread flooding in the southwestern part of the country. Separately, Speaker Szymon Holownia announced that a special meeting of parliament will be held to discuss the current situation.
  • POLGB yields are mostly a tad higher across the curve, with the exception of 5s. The Finance Ministry said it will offer OK0127, PS0729, WZ0330, DS1030, DS1033, DS1034 and IZ0836 at tomorrow's switch auction, offering to buy back PS1024, PS0425, WZ0525 and DS0725 notes.
  • The WIG20 Index trades 1.6% below neutral levels, with regional peers PX and BUX also coming under pressure.
138 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 has shed 55 pips to last trade at 4.2749 and bears look to force a move towards Aug 16 low of 4.2614, which is followed by the 4.25 support zone. Bulls keep an eye on Aug 28/Sep 12 highs of 4.3039/43.

  • The cabinet debates announcing a state of emergency over widespread flooding in the southwestern part of the country. Separately, Speaker Szymon Holownia announced that a special meeting of parliament will be held to discuss the current situation.
  • POLGB yields are mostly a tad higher across the curve, with the exception of 5s. The Finance Ministry said it will offer OK0127, PS0729, WZ0330, DS1030, DS1033, DS1034 and IZ0836 at tomorrow's switch auction, offering to buy back PS1024, PS0425, WZ0525 and DS0725 notes.
  • The WIG20 Index trades 1.6% below neutral levels, with regional peers PX and BUX also coming under pressure.