2026-04-11 06:00
publication
2026-04-11 06:00
Poles en masse went for one investment, while banks again cut interest rates on deposits, and the Monetary Policy Council is chilling the hopes of borrowers. This week, the charts say clearly: the era of cheap money is receding on the horizon, and geopolitics is starting to deal cards in stock market players' wallets. See the most important data from the last seven days.
For the past three years, Wall Street has been dominated by technology companies linked to the AI boom. Their time is slowly coming to an end. Investors remembered the “most hated market segment”. The attack on Iran may have triggered a new trend.
The Monetary Policy Council kept interest rates unchanged, meeting the almost universal expectations of economists. However, there is more and more talk on the market that the next move of the Monetary Policy Council may be an increase in loan costs. The president explained the Council's decision at a press conference, which exceptionally took place on the same day.
Bankier.pl calculations show that in March the National Bank of Poland again made significant purchases of gold. Decision-makers from Świętokrzyska could have used the sharp March correction, which overvalued the royal metal by 24%.
On Friday, the final of our crown and long-term Golden Banker plebiscite took place, in which we choose the best banking products and services.
The first trading session in Kombinat Hemp shares will go down in the history of the Polish capital market. A week after the official debut, when the exchange rate was balanced, the exchange between investors finally started, and the price gained 1,150 percent in the first transactions, and then grew by 1,380 percent. This is the new best opening for a debuting company not only on NewConnect, but in the entire history of the WSE. However, there are no investors expecting such huge profits.
The sale of retail bonds in March 2026 amounted to PLN 7,274.0 million compared to PLN 6,128.4 million a month earlier, the Ministry of Finance said in a statement.
According to the latest data, the People's Bank of China purchased nearly 5 tons of gold in March 2026 – the most in over a year. Thus, the gold reserves of the central bank are already the fifth largest in the world, because everything indicates that they have exceeded the gold reserves held by the Central Bank of Russia, which has been liquidating the metal in recent months.
The insurance market will grow again in 2025, both in terms of profit and collected premiums, according to data from the Polish Financial Supervision Authority. Both life and non-life insurance companies saw premiums increase by 5-6%, but compensation payments increased even more. Although PZU remains the largest player in both segments, competitors are clearly increasing their pace and at the same time the pressure on profitability in motor third party liability insurance is growing.
Nearly 2/5 of altcoins, i.e. cryptocurrencies that constitute an alternative to bitcoin, are close to historical lows. According to CryptoQuant data, this means the worst condition of this market segment since the crisis caused by the collapse of the FTX exchange in 2022, when the price of bitcoin fell to USD 16,000.
prepared by COGS
