Tag: USD
Birkenstock on the stock market: will it repeat the success of Crocs?
The 10 largest global footwear brands saw a total increase in stock prices by 387% over the last decade, compared to a 155% increase in the S&P 500 index.
Footwear brands Deckers...
This time the Polish Central Bank did not weaken the zloty, market reaction significantly...
Following the Polish Monetary Policy Council's (RPP) entirely unexpected decision a month ago to slash its benchmark interest rate by 0.75 p.p., the Polish currency significantly weakened. The EUR/PLN rate jumped within a week...
Vivid Games has signed a contract for the production and distribution of the next...
Vivid Games has signed a contract with a Polish FMCG company. Relying on the experience gathered from developing previous games, the company will create a free-to-play endless runner game based on the IP of...
Polish interest rates fall ahead of elections, zloty gains
On October 15th parliamentary elections are being held and the interest rates "before" the elections have been reduced by exactly 1 percentage point. The Monetary Policy Council has lowered interest rates by 25 basis...
B-Act launches a public stock offering. Subscriptions for shares will start on October 9,...
B-Act S.A., an engineering company specializing in consultancy and supervision of construction investments, will start accepting subscriptions for series D shares within a public offering on 9th October. They will be accepted via the...
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...
VFS Global Denies Link to Visa Scandal, Says Decision to Issue Visas is Made...
The ongoing visa scandal that has rolled through Polish and foreign media over the last few weeks has prompted VFS Global – one of the three companies providing visa outsourcing services for the Polish...
EUR/USD rate lowest this year, WIG-20 lowest since April
The Monetary Policy Council (RPP) will begin its two-day session today. There is a lot of uncertainty about the decision of the Monetary Policy Council regarding the level of interest rates in Poland, which...
Inflation in Poland finally single-digit, but only thanks to fuel price freeze
Poland manages to bring inflation to single digits. This is considered a success considering that it required freezing fuel prices. The US dollar continues to strengthen, despite weaker data. Building a coalition is proving...
WTI Crude Oil most expensive in over a year, 100 USD within reach
After a week filled with decisions from major central banks, another week was expected to instil some calm. However, the market to some extent discounted the risk of a possible "shutdown" in the USA...
The mood of Polish entrepreneurs continues to deteriorate
According to the Central Statistical Office (GUS), the unemployment rate in Poland remained stable at 5% in September, as expected. At the same time, the number of new unemployed increased by 1.2% in monthly...
Market rebound after the publication of data from the US labor market
Yesterday, we observed a rebound in the main currency pair. Stock market indices also rose on Wall Street. On the other hand, the yields on US bonds fell. Weekly labor market data confirmed that...
Crude oil approaches $100 per barrel
Crude oil was one of the factors that significantly contributed to the global problem of excessive inflation. When Russia attacked Ukraine, supply uncertainty led to a rally in prices to nearly 130 dollars per...
There is a battle for investments in Europe. Do we have a chance to...
Poland has every chance to become the largest beneficiary of the global economic transformation in Europe. We are more cost-effective than Western countries, we have good transport infrastructure and storage facilities, as well as...
The battle for commerce with express deliveries
Several companies on our market are already developing their dark store networks, which allow for the delivery of food products within a dozen or so minutes from the order, and new shopping platforms announce...
Record year predicted for global cross-border real estate investment in 2022
Cross-border real estate investment will reach record levels in 2022, according to new research from Knight Frank. The 2021 Active Capital Report, now in its sixth year, uses data and proprietary modelling to predict...
The market of “green” financing instruments for pro-ecological buildings is growing
Since 2007, when the European Investment Bank (EIB) issued the world's first Climate Action Bond (CAB), green bonds have evolved from a marketing tool into one of the fastest growing investment vehicles. This trend...
Banks are not the sole source of capital
Consistent implementation of planned investments now requires companies to search for alternative ways of raising capital.
In a situation when banks tightened their financing conditions, and for some industries completely stopped lending, the implementation of...
In 2018, the CIT gap was PLN 22 billion – Poland’s annual spending on...
In 2018, the CIT gap was PLN 22 billion, 35 per cent less than in 2014. At the same time, CIT accounted for 5 per cent of State revenue in Poland, distinctly below the...
The activity of South Korean investors is increasing
According to Savills latest research, South Korean investors have spent €6.2bn on European property in H1 2019, the highest figure on record. The activity of South Korean investors is also increasing in Poland.
Record volume...