MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

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

Unemployment Rate Fells To 5.5% In October

POLAND
  • PM Mateusz Morawiecki visits Germany as he meets with Angela Merkel and Olaf Scholz amid crisis at Polish-Belarus border (BBG).
  • Yesterday, Finance Mininster Koscinki said that inflation is mainly driven by external factors outside of the monetary policy realm.
  • However, as demand for the USD remains strong against most of the currencies, hiking rates aggressively could limit the downside risk on the domestic currency.
  • A depreciating currency (i.e. PLN) keeps supporting inflation expectations and may result in a slower convergence towards the NBP inflation target.
  • As a reminder, CPI inflation rose to 6.8% in October, far above the NBP 3.5% upper tolerance band, and is expected to peak at or above 7% In January according to Glapinski.
  • As a reminder, CPI inflation rose to 6.8% in October, far above the NBP 3.5% upper tolerance band, and is expected to peak at or above 7% In January according to Glapinski.
  • This morning, economic data showed that Polish unemployment rate fell to 5.5% in October, down from 5.6% the previous month.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.