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Free AccessZloty On Back Foot Ahead Of Thursday's NBP Rate Decision
EUR/PLN trades +90 pips at 4.4417, with the market preparing for this week's NBP monetary policy decision. While rates are universally expected to stay unchanged, the updated macroeconomic projections and the MPC's/Governor Glapinski's rhetoric will be closely watched.
- POLGBs are firmer across the curve, with yields last seen 3.8-5.4bp lower. The local FRA curve sits marginally lower versus prior closing levels. The WIG20 Index sits 1% above neutral levels, with the WIGBANK Index adding ~1.6% to print fresh cyclical highs.
To read the full story
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Please enter your details below.
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.