Global EconomyJuly 16 at 04:56 AM

NBP's Zarzecki says the base case is for rates to remain unchanged until the turn of 2026/27; rates are likely to rise in 2027

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NBP's Zarzecki projects interest rates will remain steady until 2027, when hikes are likely, opposing Governor Glapinski's recent suggestion of a potential 2026 rate cut.

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Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

NBP's Zarzecki says the base case is for rates to remain unchanged until the turn of 2026/27; rates are likely to rise in 2027

What do investors think?

Today's market highlights

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera