Afternoon audio analysis 19.03.2015

Comments on the 'minutes' from the March meeting of the Monetary Policy Council (RPP). A try at identifying the level at which the RPP would intervene on the market. Bloomberg interview with the Swiss Central Bank president. Regardless of reiterated fact about the overvalued franc it might take some time before we see some clear falls on CHF.

Marcin Lipka, analyst

This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Sp. z o.o is prohibited.

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