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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.
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Free AccessMNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
Zloty & CE3 Peers Continue To Struggle, Gov't Approves '24 Budget Draft
EUR/PLN has edged higher, but respects yesterday's extremes for now. The rate last changes hands +84 pips at 4.4766. The zloty outperforms both its CE3 peers: CZK and HUF.
- The government approved next year's budget draft today, with 2024 deficit seen at 4.5% of GDP. Business Insider reported that budget deficit will rise to PLN164.8bn from PLN92bn this year, while a government source told them that the fiscal gap will widen due to increased spending on defence, social security and healthcare.
- Prime Minister Mateusz Morawiecki said that the government will decide early next month whether to extend "mortgage holidays" into 2024. If the extension is approved, it will likely involve an income cap.
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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.