Poland - Factors to Watch August 1

Mbank SA

01/08/2024 06:52

WARSAW, Aug 1 - The following are news stories, press
reports and events that may affect Poland's financial markets on
Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):
    
    DATA
    S&P Global to publish Polish PMI data at 0700.     
    
    CPI
    Inflation in Poland is only gaining momentum and at its peak
in spring next year it may reach up to 6%; interest rate cuts
should be forgotten for now, Rzeczpospolita daily reported
quoting economists.  
    
    ENERGY
    Polish government plans to liberalize the regulations
regarding mandatory reserves of crude oil and gas as a result of
the European Commission's reservations, Parkiet daily reported.
    
    MBANK  MBK.WA  
    Commerzbank's  CBKG.DE  Polish unit mBank beat market
expectations on Thursday, posting second-quarter net profit of
421.9 million zlotys ($106.49 million), after it accrued smaller
provisions for legal costs of FX mortgages than a year earlier.
    
    ****Reuters has not verified stories reported by Polish
media and does not vouch for their accuracy.****
    
    For other related news, double click on:
 Polish equities        PL-E      E.Europe equities      .CEE 
 Polish money           PL-M      Polish debt            PL-D  
 Eastern Europe         EEU       All emerging markets   EMRG 
 Hot stocks             HOT       Stock markets          STX 
 Market debt news       DBT       Forex news             FRX 
 
 For real-time index quotes, double click on:
 Warsaw WIG20  .WIG20   Budapest BUX  .BUX   Prague PX  .PX 

($1 = 3.9618 zlotys)

 (Reporting by Warsaw Bureau)
 ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))