3August2021

Most of manufacturing PMIs lower in July

Economic Analysis | Daily

In today's Eyeopener:

- July PMIs showed weakening of new orders and production in many countries
- In Polish manufacturing strong pressure on supply chains and costs persists
- Zloty keeps strengthening, EURUSD did not retrace after last week's rise
- Bond yields lower globally

2August2021

Inflation at five percent

Economic Analysis | Daily

In today's Eyeopener:

- German GDP growth below forecast, euro zone inflation above forecast
- Polish inflation unexpectedly jumped to 5%, zloty gained further
- Polish yield curve stable, core yields slightly lower
- Today, manufacturing PMIs and ISM

30July2021

A good day for EM currencies

Economic Analysis | Daily

In today's Eyeopener:

- Positive market moods after the Fed meeting
- Data from Europea and USA supported higher EURUSD and CEE currencies
- Polish yield curve further up
- Today flash inflation in Poland and euro zone, PCE inflation and Germany GDP

29July2021

FOMC does not want to scary with tapering

Economic Analysis | Daily

In today's Eyeopener:

- Fed saw progress in the economy but did not suggest tapering
- Zloty still close to 4.60
- Polish yields and IRS rates higher despite stabilisation on core markets
- Today ESI, first estimates of inflation in Germany (July) and US GDP (2Q)
 

28July2021

Hungary fighting the rising price pressure

Economic Analysis | Daily

In today's Eyeopener:

- Hungary hikes rates more than expected
- Zloty still close to 4.60 despite rebounding EURUSD
- Longer Polish yields did not fall following core markets
- Today FOMC decision