Quotes from UniCredit Research:
-Today's focus will be on the NBP meeting minutes (14:00 CET) and the discussion among board members as markets anticipate either a 25bp or a 50bp rate cut in March (UniCredit expects a 25bp cut).
-PLN has lagged behind both HUF and CZK in recent days and rate markets (FRAs specifically) are pricing in a cumulative of 50bp in rate cuts over the next three months, which covers three central bank meetings.
-If the NBP sounds even more divided on the issue of easing, PLN may reverse its recent underperformance vs. HUF and CZK in the near term.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



