Sunday, October 13, 2024

Inflation gives markets something to think about

On Friday morning, we observe a reaction to yesterday's inflation surprise in the US. The dollar is declining, which positively affects the Polish zloty. Mixed data from the UK...

What Will Happen If Trump Wins It All?

After Donald Trump’s rebound in the polls last week, John J. Hardy, Chief Macro...

Election uncertainty in the USA supports investment metals, whilst stabilization in China may strengthen the silver market

Uncertainty involving a variety of factors, including the US presidential elections, will continue...

Zloty Weakens Amid Rising Middle East Tensions and Strong U.S. Labor Data, USD Gains Momentum

For the zloty - as with other regional currencies - it was a weak...

Poland on the path to join the top countries with largest gold reserves – we already have 420 tons!

The National Bank of Poland (NBP) continues to ensure the financial stability of the...

Swiss Central Bank Continues Easing, China Boosts Market Liquidity

The Swiss central bank is continuing its monetary easing, while Chinese authorities have announced another surge of "liquidity" in local markets. The EUR/USD is...

Global financial landscape shifts as Fed cuts rates, China stimulates economy, and emerging markets shine

The global financial landscape is changing once again. The Federal Reserve has begun cutting interest rates, while China is implementing new incentives to stimulate...

60% Probability of Fed Cutting Rates by 50 Basis Points in November

Fed considers a 50 basis points cut in November with 60% probability. Hungarian central bank returns to monetary easing, a 25 basis points move...

Thomas Jordan Bids Farewell as Swiss National Bank President with Rate Cut, While Saudi Arabia Shifts Oil Strategy

The main news today revolved around Thomas Jordan, who in his farewell as president of the Swiss National Bank, caused quite a stir in...

Hungary returns to interest rate cuts. Weaker dollar fuels growth of gold and cryptocurrencies

The return of Hungary to interest rate cuts was major news in Europe. However, global markets were more concerned with the continued retreat from...

ZÅ‚oty Among Strongest CEE Currencies in 2024: Further Gains Expected Against Euro and Dollar

Since the start of the year, the ZÅ‚oty has fared better than other CEE currencies and most emerging market currencies. Since January, it has...

Euro weakened after weak PMI data from Europe. Speculation grows about rate cuts by ECB

Yesterday morning's reports from Old Continent weakened the euro. It all started with weak PMI figures for France, followed by a hefty disappointment from...

Cryptocurrency Markets Surge as U.S. Fed Cuts Rates and Trump Makes Historic Bitcoin Transaction

Cryptocurrency markets rose by 10 percent last week as the U.S. Federal Reserve cut interest rates by 50 basis points. This was the first...

Gold hits records after Fed’s rate cuts

We have a new gold price record - and it's a double one, as the record is set in both US dollars and Polish...

Euro under pressure after weak PMI data

The world's main currency pair turns back after weak eurozone PMI data. Uncertainty following the Fed's more aggressive rate cut still hangs in the...

ZÅ‚oty Strengthens Despite Weak Domestic Data

The Federal Reserve caught consensus off guard last week by deciding to cut interest rates by 50 basis points (b.p.). Despite the magnitude of...

Expectations for interest rate cuts are rising, and the Polish zloty remains strong

Recently, there has been more discussion in the markets about the economic deceleration being experienced by different economies, rather than about the rise in...

Polish Zloty Remains Resilient Amid Central Bank Decisions

Interest rates in Japan remain unchanged, with announcements of increases in the near future. The Bank of England waits to see what will happen...

Bank of Japan and Bank of England maintain interest rates unchanged – yen and pound react to decisions

After the Federal Reserve, it is now the turn of the Bank of Japan and the Bank of England. Both institutions refrained from changing...

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