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Turkey’s Inflation Soars to 64.8%, Far Outpacing Europe

Currently, we only have one country in Europe with double-digit inflation - Turkey, with a rate topping 60%. If this trend continues, we could...

The Polish złoty and stock market start the new year with a struggle amid global market turbulence

The New Year brings new thrills in the markets. The dollar returns to the important level of 4 PLN due to the strength of...

Last Trading Day of the Year Ends with Unexpected Twists and Turns

The last trading day of the year was supposed to be relatively dull, but a lot is happening. Energy commodities are ending the year...

A Year of Contrasts: 2023’s Financial Rollercoaster Ride

Through the prism of various events and changes in the global financial markets, the year 2023 was exceptional and full of surprises. It was...

Weakening Dollar

The US dollar is continuing to weaken. Despite a weakening dollar, oil is once again retreating. Meanwhile, the Polish zloty and other currencies in...

Weak Data from the US Pushes Dollar Down

Weaker data from the United States pushed the American currency down. One euro is now worth more than a dollar and 10 cents. Bottled...

Budgetary Sprint: Rapid Preparation, Potential Amendment Looms

Passing a budget, considering the timing of the new government’s inauguration, is definitely a sprint. Therefore, one can expect an amendment to appear next...

Eurozone Closes in on 2% Inflation Target, While Canada Lags Behind

A 2% inflation rate is the dream of western economies. This level is often referred to as the justification for normalizing monetary policy, i.e....

Oil Prices Rebound, Core Inflation Remains Steady in Poland, Argentine Peso in Chaos

Despite the optimism of last week regarding a further drop in crude oil prices, we're having to reconcile with yet another rebound. The core...

Polish inflation holds steady. Suez Canal blockade fears loom

November turned out to be the first month since February when the pace of price increases did not slow down. On the other hand,...

Oil Price Plunge: Relief for Drivers, But Gas Stations May Take Time to Respond

On St. Nicholas Day, we might not have received the gift of cheaper loans from the Monetary Policy Council, but a reduction in oil...

Market Consensus Favors No Change in Polish Interest Rates, Analysts Leave Door Open

The market seems to agree that interest rates in Poland should remain unchanged. Still, analysts leave the door open. The dollar continues to strengthen,...
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