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Hungary’s Wage Growth Beats Inflation

Hungarians have experienced the negative impacts of inflation firsthand. Government-backed programs have contributed to Hungary's struggles with inflation, which have been more severe than...

Poland’s Average Wage Tops 8,000 PLN for the First Time

With the current pace of price and wage increases, this day was bound to come. In December 2023, for the first time, we exceeded...

Interest Rate Cuts on Hold: Central Banks Remain Cautious

Towards the end of last year, it seemed that there would be a series of interest rate cuts beginning in the first quarter of...

Poland Approves Record-Breaking Budget for 2024 with Massive Deficit

It is indeed favorable that the budget has been approved. However, some figures within it have caused sincere astonishment among analysts. The major point...

Pakistan Attacks Iran, Tensions Soar

In recent times, there is an increasing number of armed conflicts occurring worldwide. Almost every event is interpreted by analysts as the potential start...

Polish Zloty Losing Its Post-Election Favorable Treatment

Despite the generally applicable Betteridge’s law, which states that questions posed in headlines are typically answered in the negative, the Polish currency appears to...

Eurozone Industrial Production Plunge Triggers Alarm Bells, Inflation Slowdown in Poland, Gas Prices Plummet

Prices rose by 6.2% in 2023. This is a significant improvement from 2022, but many observers were hoping for a faster decrease in the...

Geopolitical Tensions and Economic Data to Drive Markets in Week Ahead

The election in Taiwan went according to the wishes of Americans and Europeans, with the threat of submission to China receding. A meeting of...

Economic Slowdown Hits China and UK, US Inflation Data Fails to Stir Market

Today's data package from China suggests that the return of the world's second largest economy to the path of stable development will not be...

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...

Nvidia Lifts Market Spirits, Crude Oil Stuck at Lows

In theory, the local event of Tuesday's session will be the decision of the Monetary Policy Council (RPP) concerning interest rates. However, no one...

Strong US Labor Market, Weak German Orders Push EUR/USD Lower

A healthy job market in the USA combined with weak orders from the Community's main economy have led to fluctuations in the world's main...

German Inflation Rebounds: Temporary Spike or Trend Reversal?

In the span of a month, inflation in Germany has increased from 3.2% to 3.7%. However, there is no cause for concern. The increase...

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...
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