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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.
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Free AccessTusk Unveils Plans To Probe Outgoing Administration, NBP's Dabrowski Strikes Hawkish Notes
- Civic Coalition leader Donald Tusk outlined plans to establish two special parliamentary committees to probe the so-called "postal elections" (the Law and Justice's plan to hold the 2020 presidential elections by postal voting only), the "visa scandal" (an alleged cash-for-visa scheme whereby up to 350k visas may have been issued in exchange for bribes) and the "Pegasus scandal" (the alleged use of the Israeli-made Pegasus malware to spy on opposition politicians) by the end of the year. The leading candidate for the next Prime Minister added that the incoming government is analysing the proposal to press charges against NBP Governor Adam Glapinski and will approach the matter "responsibly". President Andrzej Duda's chief aide Marcin Mastalerek subsequently urged the incoming administration to abandon the idea of taking action against Glapinski.
- Commenting on wage data released yesterday, NBP's Ireneusz Dabrowski wrote on X (formerly Twitter) that "real wages are growing faster, much higher than labour productivity growth. Growing demand pressure may significantly slow down disinflation processes". Note that in a PAP poll of economists from September Dabrowski was seen as the NBP's most dovish member.
- Another round of Polish macroeconomic data will hit the wires at 09:00GMT/10:00CET:
- October Retail Sales (BBG est. +4.7% Y/Y)
- October Construction Output (BBG est. +11.0% Y/Y)
- November Consumer Confidence (BBG est. -17.0)
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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.