Key Events
Key events in EMEA and Latam next week
Poland's central bank is likely to keep rates on hold next week, but the spotlight will be on presidential elections. Elsewhere in EMEA and Latam, the focus will be on June CPI inflation data
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Poland: Inflation to be high, but don’t expect a rate change yet
This week domestic macro events will be overshadowed by presidential elections result. During the week we’ll learn Jun CPI details – likely showing persistently high core inflation (as implied by the flash reading). This shouldn’t be a market mover though – the MPC successfully convinced markets that rate changes are unlikely anytime soon. Labour market figures should be more important, underpinning our call for only a gradual post-pandemic recovery.
EMEALatam Economic Calendar
Source: ING, Bloomberg
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10 July 2020
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more