NBP's Janczyk says the current base rate is at an appropriate level for the coming quarters
Janczyk's assertion that the current base rate is appropriate signals a potential pause in further monetary tightening from the NBP in the near term.
China reportedly expands BHP's (BHP AT) iron ore ban to new products, asking domestic steel mills not to take delivery from BHP's Portside Newman fines from next week
According to Lebanese newspaper citing diplomatic sources, Iran clarified that they defend itself against American and Israeli aggression and that it will not agree to a ceasefire that is not accompanied by clear guarantees, via N12 News reporter Lipkin
NBP's Janczyk says the current base rate is at an appropriate level for the coming quarters
India is in discussions with Iran to secure passage for 20 tankers through the Strait of Hormuz, Bloomberg reports citing sources
EQT's (EQT SS) EdgeConneX plans a EUR 600mln data centre-backed debt sale
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This dovish tone suggests that the central bank may be satisfied with the economic conditions and inflation outlook, which could stabilize interest rate expectations across the region. Traders should consider the implications for local currency and broader market sentiment as this may influence cross-border capital flows.
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