MarketsEmerging
1.9
Zloty pressured by oil spike and Fed meeting uncertainty
ParkietLO·PL · US·1 day ago
Polish equities showed resilience against weak global markets, but the zloty and domestic bonds underperformed. The move is driven by expensive oil and expectations of two US rate hikes, which pressure emerging-market currencies and fixed income. The divergence between stocks and FX/bonds suggests investor caution and a risk-off tilt for Polish assets.