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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
- Market uncertainty and renewed geopolitical tensions have been supporting the US Dollar and weighing on EM risky assets in recent weeks.
- Poland equities have been consolidating sharply lower this quarter, with the WI20 index currently testing its 23.6% Fibo support at 1,728.50 (1,496.80 – 2,478.60 range) after breaking below its February low last week.
- WIG20 index is now down 30% from its October high (2,478.60).
- Next support to watch below 1,728.50 stands at 1,600.
Source: Bloomberg/MNI
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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