Tag: XTB
XTB shatters records in 2023 with a PLN 791.3 million profit and over 300,000...
312,000 new customers acquired in 2023, over 77,000 in Q4 alone
A 51.0% increase in the number of active customers to 408,500
Q4 customer trading volume in CFD instruments increased by 4.0% year-on-year...
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...
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...
XTB Clients Earn Interest on Uninvested Funds, Boosting Passive Investing Offer
XTB clients will now earn interest on uninvested funds deposited in PLN, EUR, and USD. Interest is calculated daily and paid into accounts monthly. This interest rate is automatically activated for all current and...
Birkenstock IPO: Superior Product – Soaring Stocks?
The German footwear brand Birkenstock is set to become one of the oldest European companies to be listed on the stock exchange tomorrow. Its roots trace back to the second half of the 18th...
Polish Interest Rates Cut by 25 Basis Points, In Line With Market Expectations
Investors feared a significant interest rate cut, however, a repeat of the situation from a month ago did not happen, and the decision was in line with market consensus. Meanwhile, our path to low...
RPP saves the złoty by cutting interest rates by 25 basis points
The Monetary Policy Council has done exactly what the market expected. It has cut interest rates by 25 basis points to 5.75%, which seemed quite obvious given the quite significant drop in inflation for...
RPP’s Decision on Interest Rates. What Awaits the Zloty?
The dust still hasn't settled after the last decision by the Monetary Policy Council (RPP), which brought an unexpected cut of 75 basis points. A month ago, artificially imposed conditions necessary for a cut...
Who will benefit from elections in Slovakia? Pro-Russian party returns to power
The social democratic party SMER, a left-wing party focused on government support, has again won the majority of votes in the recent elections. This is the fourth term for the party, which previously ruled...
Inflation returns, central banks must remain vigilant
Several major central banks have halted interest rate hikes. This does not mean they are about to start lowering them, with fears about a return to higher inflation growing. Poland is in a more...
Starbucks against unfavorable macroeconomic environment
Starbucks' seasonal drink, Pumpkin Spice Latte, excites all cafe lovers. In 2023, we are celebrating the 20th anniversary of this unique coffee. As it turns out, it is not only beloved by customers, but...
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...