Press release
Our Press Office is here for you to access comprehensive information about what we are up to. Come and make use of it. Feel free to contact us via email at: k.stawiarz@pl.conotoxia.com.
Petrol in Poland is the cheapest in Europe
"Do Polish drivers, complaining about high fuel prices, realise that petrol in their country is the cheapest in the whole European Union? In addition, the outlook for 2019 looks less pessimistic than a few weeks ago," writes Marcin Lipka, Conotoxia Senior Analyst.
Eurozone growing at the slowest rate in more than 5 years
"The economy of the 19 countries sharing the common currency has been growing at its slowest pace since 2013. The situation on the other side of the Atlantic is quite different, the US economy is growing more than 5 times faster than in the eurozone. What does this mean for Poland and the zloty?" writes Marcin Lipka, Conotoxia Senior Analyst.
No airport for Mexico. What about the peso?
"Mexico plans on stopping the construction of a gigantic airport, even though the cost of abandoning the investment is likely to exceed 10 billion USD. After this decision was made, the peso lost as much as 3%, but the economic problems of the Latin American country may be much more severe than just those relating to air transport," writes Marcin Lipka, Conotoxia Senior Analyst.
Expensive dollar, expensive franc. Can they appreciate even more?
"Since the beginning of the year, the Swiss currency has risen by more than 0.20 PLN, and the US currency by about 0.30 PLN. The weakening economic situation in the eurozone, combined with market turbulence and deteriorating GDP growth prospects for Poland may cause the dollar and the franc to cost about 4PLN by the end of the year," writes Marcin Lipka, Conotoxia Senior Analyst.
NEET generation - cause of Italian crisis
"Although the actions of the current Italian administration are worsening Italy's economic problems, the country has been in serious trouble for many years now. This is perfectly illustrated by the statistical NEET index, i.e. the percentage of young people who are not working, studying or improving their qualifications," writes Marcin Lipka, Conotoxia Senior Analyst.
US elections and their impact on the dollar
"U.S. Congress elections that are taking place in the middle of the presidential term may significantly change the political power balance in the USA. This will probably affect the dollar's valuation, and also, indirectly, other currencies," writes Marcin Lipka, Conotoxia Senior Analyst.