RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
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Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
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Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
Poland Q4 2015 GDP data released on Monday showed headline GDP growth was 1.1% qoq. Data portrayed a stable economy at the close of 2015. Domestic demand contributed all of the growth during Q4.
Details showed that household consumption or fixed investment growth did not really accelerate in Q4; it was a pick-up in government spending and inventory re-building which contributed to the upward surprise.The contribution of domestic demand drivers did not change much between 2014 and 2015; but headwinds from net-exports and inventories disappeared.
"Growth prospects for this year depend very much on how well the German economy faces up to the Chinese downturn. We forecast 3.1% growth this year; we see EUR-PLN at 4.25 at end-2016." said Commerzbank in a report to clients.
