Tag: FED
Poland’s Industrial Market in 2023 – slower, but not weaker
After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was a period of greater challenges due to a change in...
Fed’s dovish turn sparks rally in markets
Yesterday's decision by the Fed was in line with expectations. For the third time in a row, the institution left interest rates at the same level (5.25 - 5.5 percent). According to updated forecasts,...
Will the Fed cool market expectations on the pace of interest rate cuts?
We expect the Federal Reserve to adopt a cautious tone during its meeting on Wednesday (13.12) and defer the market valuations of US interest rate cuts in 2024. Hawkish signals from the bank could...
US Inflation Data Crucial Ahead of Fed Rate Decision
Tomorrow, the Federal Reserve will make decisions regarding interest rates. However, before that happens, investors will learn how inflation in the U.S. shaped up in November. The core index on an annual basis is...
Markets Anticipate Five Interest Rate Cuts in the US by 2024
Markets are pricing in five interest rate cuts in the US by October 2024. The decisions of the Federal Reserve (Fed) will affect currency markets, the Polish złoty, cryptocurrencies, and the price of gold.
Are...
Global Markets Update: Oil Prices Plunge, Yen Strengthens, and NFP Expectations Rise
Oil prices fell to their lowest level since late June, with a loss of 4 percent. WTI dropped below the $70 level and Brent slid under the $75 threshold. One of the reasons was...
Investment Risks Ignored, Investors Facing 2024 Correction
All indications point towards the year-end being typically profitable for bulls in the stock market. November was the best month in many years for global stock markets. December is still looking good in Warsaw,...
Polish Central Bank Maintains Status Quo as Inflation Outlook Clouds
This time, as expected, the Monetary Policy Council has kept interest rates unchanged. In November, we had a surprise, as it was expected that the interest rate cuts would continue until the end of...
Polish Wages Outpace Inflation, Boosting Consumer Spending
"Real wages have risen at the highest rate since February 2019. Meanwhile, the double-digit pace of nominal wage growth, which is a factor driving inflation, has been sustained since the beginning of 2022. Consumption...
Dividend Stocks: Back in the Spotlight as Recession Fears Grow
As 2023 draws to a close, dividend stocks have underperformed, but the end of interest rate hikes and growing recession fears are making them noteworthy again. Long-term, reinvested dividends accounted for as much as...
US Producer Inflation Unexpectedly Rises, Blurring Picture for Fed
US producer inflation surprised negatively, rising by 2.20% Y/Y (forecast 1.60%) and 0.50% M/M (forecast 0.30%). The main factors for this increase include the cost of services and energy.
This reading further complicates matters and...
Stock Markets Poised for Rebound in Q4 2023?
In the financial world, the months of September and October are often considered pivotal. This year, they could potentially determine the trajectory of stock market performances not just in Poland, but across Europe. The...
Hamas attack on Israel raises commodity prices and strengthens the dollar
The Saturday attack by Hamas on Israel caused oil prices to surge several percent on Monday morning. Over time, the rate of increase slightly declined and around 10:00 am it stood at +2.78 percent...
Gold under pressure, but not for long
The price of gold continues to be under pressure from a strong dollar and high returns on US bonds due to the Federal Reserve's stance. The motto of "higher for longer" is a call...
Investment Prospects for the 4th Quarter of 2023
The first nine months of 2023 are behind us, indicating that only one quarter separates us from the end of the first year without a global pandemic, albeit with issues such as persistent high...
Weak signals of labor market cooling do not change Fed’s plans
Stock indexes end the week in the red. The dollar is stronger. The exchange rate of the main currency pair fell below 1.05 in recent days, and the week ends around this round level....
US Job Market Data in Focus as Fed Weighs Next Steps
Today, investors' eyes will once again be turned toward the monthly data from the American job market. The last few months have shown that it is losing momentum, however, it still remains relatively strong....
The zloty strengthened after the RPP decision, but the market awaits further signals
The Złoty continues to be influenced by yesterday's decision of the Monetary Policy Council. Today we are awaiting a press conference by the NBP President, Adam Glapiński. Globally, the focus remains on the American...
Strong Dollar and Falling Indices as JOLTS Survey Shows Strength of Job Market
The JOLTS survey showed the strength of the job market. The number of vacancies rose to over 9.6 million, which turned out to be higher than expected. The dollar strengthened and the yields on...
Zloty weakens after interest rate cut, but fundamentals remain strong
In September, the Polish zloty was fairly stable and strong prior to the lowering of interest rates. This stability was due to several factors. Recently, the Polish economy has seen a significant influx of...