Tag: FED

EUR/USD Faces Pressure Ahead of ECB Meeting

The market's attention begins to focus on the upcoming meetings of major central banks. Next week, we will learn the ECB and Canada's decision,...

Zloty Weakens Against Dollar, Euro Holds Steady Ahead of March Decisions

The Zloty quickly weakened against the dollar, with the dollar now costing over 4 Zloty. On the other hand, the price of the euro...

Strong US Retail Sales Data Dampens Rate Cut Expectations

A strong retail sales report from the US has led to a fall in Wall Street indices, an increase in US bond yields, and...

Polish ZÅ‚oty Remains Strong as Monetary Policy Remains Uncertain

We perceive numerous encoded messages by Glapiński, President of the NBP, as being somehow hawkish – the market increasingly doubts whether monetary policy will...

Gold Market: A Tale of 3 Factors That Will Drive Prices in 2024

The year 2023 brought a 13-percent increase in the American dollar price of gold, making it the best year since 2020. And since the...

Wall Street Continues to Surge, Oil Prices Rise, Bitcoin ETFs Gain Momentum

Wall Street continues to rank high. Major indexes have made gains in recent days. Dow Jones, SP500, and Nasdaq100 are again within record levels....

US Inflation Data Stirs Market Volatility, Fed’s March Rate Cut in Doubt

Yesterday's US inflation data caused increased volatility in the market. We saw a few surprises, but their scale was so small that by the...

SEC Approval Opens the Door for Bitcoin ETFs: Will the Cryptocurrency Soar?

The decision has been made: shares of funds investing in Bitcoin will appear on the American stock exchange. The cryptocurrency should appreciate, unless investors...

Calm Day in Financial Markets, Fed Speaks Today

Yesterday was a quite calm day in financial markets which was a result of scant data in the macro calendar. Yields on US Treasury...

Predictable Monetary Policy Council Meeting Does Little to Affect PLN

The Council was painfully predictable this time, with no impact on the national currency. President Glapiński's press conference is in the spotlight. The exchange...

US stock market rises on expectations of Fed rate cuts

Yesterday, the Nasdaq Composite index recorded its best daily session since mid-November 2023, growing by 2.2%. The SP500 did somewhat worse, with a growth...

Polish Monetary Policy Council Holds Interest Rates Steady, But May Cut Later This Year

The Monetary Policy Council, as expected, did not decide to change interest rates during its first meeting of the year. This means that the...

Monetary Policy Council to Maintain Base Rate Unchanged Amidst Cooling Inflation, Potential Fed Rate Cuts

The first two-day session of the Monetary Policy Council for this year is ahead of us, which will take place unusually - on Monday...

Fed rate cut in March increasingly unlikely

The Foreign Exchange markets, just like other financial markets, took a 180-degree turn at the start of 2024. Risk assets and commodities are losing...
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