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Unemployment Rate Expected to Edge Marginally Lower in April

POLAND
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  • Representatives of the Defense Ministry will present details of the $2.6bn plan to strengthen Poland’s borders with Russia and Belarus aimed at deterring potential aggression. As a reminder, Prime Minister Donald Tusk said last week that Poland will analyse whether to reopen one border crossing with Belarus to facilitate trade between local communities.
  • Conflict between the government and the president over appointment of ambassadors is growing as Prime Minister Donald Tusk’s cabinet plans to replace Poland’s representative to NATO, Rzeczpospolita report.
  • Data-wise, unemployment rate figures for April will be released later this morning at 09:00BST/10:00CET (Est: 5.2%; Prior: 5.3%). Preliminary CPI data for May will cross on Wednesday, with the headline figure seen increasing from +2.4% y/y in April to +2.8%.
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  • Representatives of the Defense Ministry will present details of the $2.6bn plan to strengthen Poland’s borders with Russia and Belarus aimed at deterring potential aggression. As a reminder, Prime Minister Donald Tusk said last week that Poland will analyse whether to reopen one border crossing with Belarus to facilitate trade between local communities.
  • Conflict between the government and the president over appointment of ambassadors is growing as Prime Minister Donald Tusk’s cabinet plans to replace Poland’s representative to NATO, Rzeczpospolita report.
  • Data-wise, unemployment rate figures for April will be released later this morning at 09:00BST/10:00CET (Est: 5.2%; Prior: 5.3%). Preliminary CPI data for May will cross on Wednesday, with the headline figure seen increasing from +2.4% y/y in April to +2.8%.