KBC Market Research Desk
KBC Bank
Weekly Highlights:
The Russian-Ukraine conflict back on the agenda
Regional PMIs in sync fall in August
Poland’s PM Tusk will become the new EU President
The NBH confirms its happiness with the current set-up
The NBP still on hold, but the MPC will sets the stage for an autumn rate cut
Chart of the Week. Regional PMIs in sync fall
While Polish PMI remains below 50 point threshold for the second consecutive month, the Czech headline figure stays in expansion territory.
This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.
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