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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.
POLAND
- The global risk-off sentiment combined with the PLN weakness have been weighing on Polish equities, which are down over 30% since January highs.
- The WIG20 Index found support at the 1,652.30 level last week (May 12 low) before edging higher and is currently trading back above the 1,700 level.
- ST Resistance to watch on the topside stands at 1,719.40, which corresponds to the 61.8% Fibo retracement of the 1,250.20 – 2,478.60 range.
- On the downside, support to watch below 1,652.30 stands at 1,600.
Source: Bloomberg
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.
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