Tag: NBP

Strong US Data Struggles to Lift Dollar

Yesterday's data from the United States proved to be a severe test of patience for investors hoping for a weakening dollar. Initial readings were...

Gold Hits New Records: Price Nears 2700 USD per Ounce

Gold stealthily sets new records, and investors are rubbing their hands! The price of gold, surpassing another threshold, is approaching 2700 USD per ounce,...

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...

Almost 30 Billion PLN in 8 Years: How the National Bank of Poland Profited from Gold Investments

The National Bank of Poland (NBP) continues to work relentlessly in ensuring the financial stability of the country. Thanks to strategic purchases of gold...

Global Markets Brace for Fed’s First Rate Cut Since 2020: 25 or 50 Basis Points?

The first U.S. interest rate cut since 2020 will be a groundbreaking event for markets worldwide. The crucial question, however, is its magnitude. The...

Cooling in the U.S. Labor Market Raises Investor Concerns

Unquestionable cooling in the American labor market causes concern among investors. The losses of the dollar are limited as the markets are not convinced...

Poland’s National Bank Emerges as a Leading Gold Buyer: Preparing for Uncertain Times or Diversifying Reserves?

Surprisingly, the biggest player in the gold-buying market right now is the National Bank of Poland (NBP). In July, NBP purchased an impressive 14...

NBP kept interest rates unchanged, cuts possible only in the second half of 2025

The Polish National Bank (RPP) held interest rates steady during its first meeting after the summer break. The chances of a cut this year...

RPP Conference without Surprises, Dollar Weakening – Awaiting Data from USA

The Monetary Policy Council conference has reassured us that nothing has changed. We should still not expect interest rate cuts in the coming months....

President Glapiński’s Dovish Rhetoric Weakens the Złoty

As expected, the Monetary Policy Council maintained the interest rates at the same level in September. The attention was focused on the rhetoric of...

Gold Surges Past $2,500 After Jackson Hole Symposium, Signaling Global Economic Shifts

The price of gold has set record highs several times this year. In August, another barrier was broken when it passed $2,500 per ounce....

Sale-Leaseback Real Estate Market Gains Momentum Amid Rising Inflation and Stable Costs

Steadily but not dramatically rising, long-standing inflation is accelerating the development of sale-leaseback real estate transactions. This is one of the safest ways to...

MPC Stalemate: Poland Holds Firm on Rates While Global Economies, Including Chile, Move Towards Cuts

Today another inconclusive meeting of the MPC. After the personal conflict with the government, members of the Council cannot play to the same goal....

Arguments for maintaining interest rates by the Monetary Policy Council prevail

Today, the Monetary Policy Council will make a decision regarding interest rates. Market consensus suggests that the cost of money will remain unchanged, maintaining...
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