MNI CEEMEA Week Ahead: CNB Decision, Poland Core Inflation

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Click the link above to see next week’s key CEEMEA data releases and events, including notable option expiries and bond auctions, along with our latest macro insights.

• CE3 currencies subject to global rates vol risk, while persistent gains in NatGas prices work against HUF. Bubbling geopolitical risk in the Middle-east as well as expectations that Russia are gearing for an entrenched winter campaign in Ukraine keep vols entrenched
• Czech CNB rate decision expected unchanged, but set to leave options open amid upside risks to inflation
• Poland’s NBP set to release the official estimate of core inflation after noting that ‘it can be estimated that in August inflation net of food and energy prices also increased’. A further uptick in core inflation would amplify concerns about existing price pressure