Generous Welfare Spending Looks Set to Secure Poland's Ruling Party Another Election Victory
The ruling Law and Justice Party's greatest ever showing in an election for the European Parliament in May (45% of the vote versus a combined ca. 38% for the opposition alliances), has placed it on a strong footing heading into the Polish parliamentary elections on 13th October.
The AUD Week - Bias is Bullish
Highlight of the week comes in the shape of the RBA rate decision, and while odds for a 25bps rate cut currently sit around 45%, we suspect no such event will occur.
Has The Fed Done Enough?
Month/quarter-end is with us and we will find out if the Fed has ‘done enough’ via its repo operations to prevent spikes in funding costs.
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