Monday, October 21, 2024

Good times for gold won’t end soon. Will the price per ounce reach almost $5,000?

Another week has brought another sovereign record of gold prices, both in US dollars and in Polish currency. According to analysts worldwide, it seems the good times for gold are not likely to pass quickly, and the boldest forecasts suggest that an ounce might...

Record number of apartments on offer from developers in Wrocław, Łódź and Silesia, but prices are not falling

At the end of September, a record number of apartments were available in the offers of developers in Wrocław, Łódź, Poznań, and cities in the Upper Silesian-Dąbrowa Metropolis. In Warsaw, Kraków, and the...

Dollar Gains on Market Valuations of Trump’s Victory

The path of least resistance for the dollar continues to lead upwards, supported by strong economic readings and market uncertainties about the scale and timing of future interest rate cuts by the Federal...

Firework-free zones – industry proposes a compromise

Soon, the Polish Sejm will consider three legislative proposals related to animal welfare. Unfortunately, each of them impacts the Polish pyrotechnic industry, potentially leading to its rapid dissolution. Thousands of small, often family-run companies will...

September Data from Poland’s GUS Reveals Slowing and Stabilizing Housing Investments

The latest data from the Central Statistical Office of Poland (GUS) confirms previous analyst predictions regarding a gradual slowing and signs of stabilization in the area of new investments. However, new investments are...

Polish financial companies invest in AI, surpassing other sectors in adopting new technologies

The EY Study - Digital Transformation 2024 - indicates that although 86% of companies in the financial sector in Poland confirm that the digitalization process of their organization is a high or very...

Dollar remains strong

The US dollar is reclaiming its losses against the euro from the end of last week. We've learned a package of data from the domestic economy: producer inflation, industrial production, and wage dynamics. A calm start in the markets, with appearances by Fed members at the center of attention. Testing 1.08? On Friday, we saw a slight weakening of the USD against the EUR, with the exchange rate gradually approaching the level of 1.0870. However, the situation is reversing today, and the main world currency pair is returning to its decline. At least for now, it seems that we will witness a test of support at 1.08. This week will...

The gold’s record streak continues

The commodity market has reported its second consecutive weekly loss, negating half of the strong gains from the previous four weeks. The results...

New regulations will simplify conducting business in Poland – 7 out of 11 changes in favor of entrepreneurs

In the third quarter of 2024, Polish companies can breathe a sigh of relief,...

The Social Climate Fund may help in the development of electromobility in Poland

Up to 11.5 billion euros could reach Poland in relation to the establishment of the Social Climate Fund. Our country will be the main beneficiary of the Fund's resources within the European...

Ghelamco Secures €181 Million Bank Financing for The Bridge Office Complex in Warsaw, with Santander Bank Polska as Strategic Tenant

Ghelamco has secured bank financing for its key investment in Poland - The Bridge office complex in central Warsaw. The construction-investment loan is being granted to the developer by Santander Bank Polska, who...

The share of Polish capital in commercial real estate investments doubled in 2024

Over the past year, the share of Polish capital in investment purchases in the commercial real estate market in...

Netflix shares have risen by 344 percent since the 2022 low.

Last week, the season for publishing third-quarter results among...

BLIX Group acquires Proxi.cloud

The BLIX Group has acquired the tech company Proxi.cloud....

Home IoT Devices in the Crosshairs of Hackers

Check Point Software indicates a sharp rise in...

War changes the cybersecurity situation in Europe

Cybercriminals are not idle, and the number of attacks in Europe is increasing rapidly, warns the European Union Agency for Cybersecurity (ENISA) in its...

Dollar rally driven by strong NFP report and market expectations

The decreases in EUR/USD over the last three weeks have been notably strong. The rate has fallen from 1.12 to near 1.08. This downward...

Transition Technologies MS publishes the offering prospectus and commences the public offering

Transition Technologies MS (TTMS) is commencing a public offering, aiming to raise a net sum of approximately 80 million PLN. According to the prospectus...

Successive gold records. 2700 USD exceeded.

The dollar price of gold on Friday morning surpassed another round barrier, this time it hit 2700 USD per ounce. Remember, that an ounce...

Polish initiative for natural hydrogen

On October 18, an agreement for scientific-technical cooperation was signed at the AGH University of Science and Technology in Kraków, and the Polish initiative...

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