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Review: 3Y Auction

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WI 3Y

EUROPEAN PARLIAMENT

President Speaks On Corruption Scandal

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  • Even though the majority of the NBP board (including Governor Glapinski) still favors to keep rates low while the recovery is taking place as the uncertainty remains elevated, forward rates have been rising since the start of the month following the positive surprise in inflation.
  • As a reminder, CPI inflation came in higher than expected at 5% in July (vs. 4.7%), up from 4.4% the previous month.
  • This morning, Parliamentary committee discusses how Covid-19 pandemic is impacting financial industry at 10 am (London time).
  • In addition. Cabinet weekly meeting discusses changes in financial market regulations to implement EU investment directive (10am London time).

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