MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

MNI BRIEF: China Visitor Mobile Payments Surge in H1

Asia Sov Curves Steepen, INDON Outperforms

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Zloty Advances Along Regional Peers, POLGB Yields Climb

PLN

EUR/PLN operates -41 pips at PLN4.6755 and familiar technical levels remain in play. Bears look for a sell-off past Mar 1 low of PLN4.6620. Bulls keep an eye on Mar 20 high of PLN4.7215, followed by the 50% retracement of the Feb 14 - Mar 1 bear leg at PLN4.7304.

  • Zloty strength comes amid gains for the broader regional FX space, with the likes of HUF, PLN, RON and CZK sitting atop the EMEA scoreboard.
  • POLGB curve has bear steepened, with yields last seen 5.2-7.4bp higher. Local equity benchmark WIG20 has added ~2% and has now recouped 50% of its Jan 11 - Mar 20 downleg.
  • S&P Global Manufacturing PMI slipped to 48.3 in March from 48.5 prior, marginally beating the 48.1 consensus call.
  • The NBP will announce its monetary policy decision on Wednesday, with virtually all analysts calling for no change to the main parameters. Governor Glapinski will hold his press conference on Thursday, while the minutes of the previous meeting will be published on Friday.
EM BulletHomepageCEEMEABulletEmerging Market News
EM BulletHomepageCEEMEABulletEmerging Market News

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.