Poland - Factors to Watch Oct 23
WARSAW, Oct 23 -The following are news stories, press reports and events that may affect Poland's financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):
BONDS
Finance ministry to hold bond auction.
DATA
Poland's stats office to publish unemployment data at 0800.
ZLOTY
Polish central banker Ludwik Kotecki believes the U.S. presidential elections could increase volatility in the zloty, ISBnews reported on Wednesday.
DEFENCE SPENDING
Poland's NATO-leading surge in defence spending is raising budget concerns because it will bake in higher long-term expenditure on its military – even as Warsaw concedes it faces revenue shortfalls in its budget this year.
PKO BP PKO.WA
Poland's largest bank PKO BP's new strategy which will be unveiled on Thursday assumes an expansion of the bank in e-commerce and gaining several million new clients, Puls Biznesu daily said, citing unofficial information.
AUTOMOTIVE SECTOR
The prospects of the Polish automotive sector are worsening quickly as the number of company managers expecting a fall in production rose fivefold over 12 months according to the Motobarometr survey, Rzeczpospolita daily reported.
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****
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($1 = 3.9901 zlotys)
Reporting by Warsaw Bureau
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