Ostwald, Strategist at ADM Investor services, joined today’s Tip TV Finance Show to discuss on the macro-political scenario in Poland, and further gives the outlook for EUR/PLN.
Key points from the video:
Misconstruction on New Polish Government, not as pro-EU and pro-Germany has last government
Smaller countries in the CEE region need a champion for further development, which is Poland
Poland can be the investment hub for whole of the CEE region
Growth prospects for CEE region is good
EUR/PLN: Will likely break through its range, upside potential
If EUR/USD stays below 1.10, maybe ECB won’t do anything in December.