The Fed is dovish, but the hike in September is still possible. The overvalue of oil and local problems touch the currencies of the emerging markets. Decreases in interest rates in Poland are not the base case scenario for the time being.
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 Cinkciarz.pl Sp. z o.o is prohibited.
The Fed is dovish, but the hike in September is still possible. The overvalue of oil and local problems touch the currencies of the emerging markets. Decreases in interest rates in Poland are not the base case scenario for the time being.
Marcin Lipka, analityk Cinkciarz.pl
See also:
Afternoon audio analysis 19.08.2015
Audio analysis 19.08.2015
Afternoon audio analysis 18.08.2015
Afternoon audio analysis 13.08.2015
Attractive exchange rates of 27 currencies
Live rates.
Update: 30s