USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: Adam Glapiński

Gold Prices Drop

In May, the People's Bank of China did not increase its gold reserves for the first time in 18 months. Does this signal the...

Divergence in Monetary Policies as an Argument for a Stronger Zloty

The volatility in the foreign exchange market during yesterday's ECB decision and the subsequent press conference was limited. The euro gained slightly, but the...

Awaiting the First ECB Rate Cut

This week, Poland's interest rates will be decided by the Monetary Policy Council (RPP). However, our focus is on the upcoming meeting of the...

Despite Early Concerns, the Polish Zloty Shows Strength in 2024

In January, some analysts predicted a difficult year for the Polish currency. Technically, the charts of major currencies against the PLN approached 13-year support...

Wall Street Ends Mixed, Crude Oil Rises on Falling U.S. Inventories Ahead of Inflation Data

Wednesday's session on Wall Street yielded mixed results for stock indexes. While the Dow Jones Industrial Average gained 0.4%, the Nasdaq Composite lost 0.2%,...

Inflation Trends in Poland: RPP’s Response and Global Economic Outlook

April's inflation reading in Poland showed the first increase in the main measure since February 2023, largely attributed to the return of the 5%...

Marshal Hołownia Refuses Constitutional Tribunal’s Order, Vows to Continue Proceedings Against NBP President Glapiński

Marshal Hołownia announced that a copy of the Constitutional Tribunal's decision aimed at preventing the Sejm and its bodies from considering the preliminary motion...

Gold Price Soars on Fed Decision Delay, Global Central Bank Moves Shake Markets

Last week, the price of the coveted metal surpassed the threshold of 2,200 dollars per ounce. "We observed significant fluctuations in the gold market,...

Motion Ready to Bring Adam Glapiński Before State Tribunal, Says Donald Tusk

"The motion to bring Adam Glapiński before the State Tribunal is ready," announced Donald Tusk. The Prime Minister added that it will be submitted...

NBP Projection Shakes the Market

Yesterday was dictated by the new projections of inflation and GDP growth. Inflation in the Czech Republic has met its target for yet another...

Polish Zloty surges to multi-year high

The Polish Zloty reached its highest levels against the reference Euro on Monday morning since February 2020. Among factors favorable for the Polish currency...

Inflation Hits Target in February, But NBP Unsure About Next Steps

Given that Wednesday's decision by the Monetary Policy Council to keep interest rates unchanged for the fifth time in a row (5.75%) was no...

Interest rates unchanged: RPP and Canada Hold Steady, US Job Market Shows Potential Weakness

Yesterday's decision on interest rates did not surprise the markets. The ADP report may suggest potential sluggishness in the local job market. Canada, like...

RPP keeps rates unchanged. How does the market react?

RPP maintains interest rates as they are, continuing the policy since last October when the latest change in interest rates occurred. Today's decision was...
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