Tag: USD

U.S. Unemployment Claims Dampen Investor Sentiment

"Second-tier" data such as U.S. unemployment claims played the "lead violin" yesterday, partly due to this week's relatively sparse macroeconomic calendar. The unexpected data...

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%...

The FOMC meeting will be a tough test of Chairman Jerome Powell’s skills

PMI indicators are the best leading data for European economies, and their publication last week paints a picture of rapidly improving growth prospects, especially...

XTB Reports Strong Financial Results for Q1 2024 with Record Customer Growth and Significant Profit Gains

Consolidated net profit in Q1 2024 amounted to PLN 302.7 million In Q1 2024, a record 129.7 thousand new customers were acquired, bringing...

Two Speeds in Europe: Services Surge, Industry Sputters

Services in Europe are performing well, in contrast to the industry sector, according to preliminary PMI indicators published yesterday. The same data for the...

Market Awaits FOMC Meeting, Eyes on PMI Data and Stock Market Trends

We are currently in a blackout period, which means that no comments from Fed representatives will "hit the market". This also indicates that the...

Cloud Technologies Maintains Strong Growth Trajectory in Data Sales

Cloud Technologies last year recorded the best year in its history in terms of data sales growth. In 2024, despite a high base, it...

European automakers are concerned about the growing competition from Chinese brands

Two major Chinese car brands are set to hit the Polish market this year, competing in quality with European manufacturers. According to IBRM Samar...

Volatility in the złoty is at its highest since October

Last week did not see significant movements in the major currencies, although the Polish złoty experienced its strongest changes in nearly half a year....

One central bank is buying gold regardless of the price. What are the Chinese planning?

Among central banks, there is one player that seems to buy gold regardless of whether its price is high or not. That player is...

Geopolitics and the Fed Determine Market Sentiments

On Friday, negative sentiments prevailed due to ongoing geopolitical tensions. Markets also tempered expectations for Federal Reserve interest rate cuts in response to inflationary...

U.S. Tightens Sanctions on Iran Following Attack on Israel, Affects Oil Market Dynamics

The attack by Iran on Israel last Saturday prompted the United States to tighten sanctions against the regime in Tehran. The new sanctions will...

Polish Inflation Falls to Lowest Since 2019, Zloty Faces External Pressures

According to final data, Polish CPI inflation slowed in March to 2% year-on-year from 2.8% year-on-year in February. There was a slight upward...
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