MNI BRIEF: BOJ Real Export Index Rises 0.5% Q/Q In Q2

MNI China Press Digest July 18: PBOC, Beijing, Arctic Shipping

MNI: PBOC Net Injects CNY47 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1285 Thurs; -1.29% Y/Y

CHINA PBOC CONDUCTS CNY49 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1285 THU VS 7.1318

UK private regular wage growth shows big drop in single month figures

TLFS transition delayed again

MNI: UK JUN CLAIMANT CHG +32300

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

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

Zloty Trades Flat Ahead Of Preliminary April CPI Data

PLN
BulletEM BulletEmerging Market NewsHomepage

Price action is contained at the start to the week, with EUR/PLN dealing at 4.3168. From a technical perspective, bears continue to eye support from Apr 9 low of 4.2527 and the round figure of 4.2500. Bulls look for a move towards Apr 16 high of 4.3728.

  • Statistics Poland will release flash CPI figures tomorrow morning (09:00BST/10:00CEST). There is broad consensus that inflation reached a local minimum in March (+2.0% Y/Y) and will rebound from there, with consensus seeing it at +2.5% Y/Y in April. Reminder that this month saw the reinstatement of 5% VAT on food after a period of its temporary suspension.
  • The Cabinet will debate several fiscal issues tomorrow, including a multi-year fiscal plan for the years 2024-2027. The document will involve updated macro forecasts and the details of the government's plan to increase the transparency of public finances. Preliminary discussions among lower-tier Cabinet officials are already underway.
  • POLGBs are slightly firmer across the curve. The WIG20 Index is a tad softer on the day.
165 words

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.

Price action is contained at the start to the week, with EUR/PLN dealing at 4.3168. From a technical perspective, bears continue to eye support from Apr 9 low of 4.2527 and the round figure of 4.2500. Bulls look for a move towards Apr 16 high of 4.3728.

  • Statistics Poland will release flash CPI figures tomorrow morning (09:00BST/10:00CEST). There is broad consensus that inflation reached a local minimum in March (+2.0% Y/Y) and will rebound from there, with consensus seeing it at +2.5% Y/Y in April. Reminder that this month saw the reinstatement of 5% VAT on food after a period of its temporary suspension.
  • The Cabinet will debate several fiscal issues tomorrow, including a multi-year fiscal plan for the years 2024-2027. The document will involve updated macro forecasts and the details of the government's plan to increase the transparency of public finances. Preliminary discussions among lower-tier Cabinet officials are already underway.
  • POLGBs are slightly firmer across the curve. The WIG20 Index is a tad softer on the day.