Europe Top News and Analysis Poland

  • RUSSIA'S NOVAK SAYS EXPECT DELIVERIES OF CLEAN OIL TO POLAND BY 9-10 JUNE.

  • *Currencies trade at or near multi-week highs vs the euro. BUDAPEST, June 6- Central European currencies firmed modestly on Thursday after the European Central Bank sounded less dovish than expected even though it pushed back the timing of its first post-crisis interest rate hike. Central Europe's main currencies were slightly firmer against the euro at or...

  • RUSSIA'S TRANSNEFT CEO TOKAREV SAYS TRANSNEFT HAS NO DIRECT CONTRACT WITH POLAND, "HOW CAN THEY DEMAND THAT WE COMPENSATE THEM"- RBC.

  • *Vattenfall to invest $1.7 billion a year on wind, solar. BERLIN, June 6- Sweden's Vattenfall may raise its target for installing offshore wind power generation in Europe beyond the 11,000 megawatts it now plans to have in place by 2025, an executive said. Gunnar Groebler, the Swedish power firm's board member in charge of wind, had announced the 11,000 MW target in...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls Reuters FX POLL. *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls? BUDAPEST, June 6- Tighter monetary conditions will strengthen the Czech crown and Hungarian forint in the coming year and help them outperform Central European peers, according to a Reuters poll of 37 analysts.

  • *U.S. rate cut bets, EU warning to Italy help CEE currencies. BUDAPEST/ PRAGUE, June 5- Central European currencies extended their gains on Wednesday as expectations for Federal Reserve interest rate cuts hit the dollar and a European Commission warning to Italy over its debt weighed on several crosses of the euro. The Czech crown, Hungary's forint and the leu...

  • June 5- Emerging market stocks rose in holiday thinned trade on Wednesday as they took heart from Wall Street's rally overnight spurred by comments from U.S. central bank officials which hinted that an interest rate cut may be in the offing. Hong Kong stocks rose 0.5%, while mainland China shares closed flat after trading higher for most of the session.

  • MOSCOW, June 4- Russia's average daily oil output has dropped to a three year-low after contaminated crude clogged its main export route. Exports via the pipeline's southern route have resumed, but the northern route that supplies Poland and Germany remains shut. Russia's oil pipeline monopoly Transneft has promised to supply clean Urals crude to the Polish...

  • BUDAPEST/ WARSAW, June 4- The Hungarian forint rose on Tuesday, helped by technical factors, and as a slight pickup in Polish inflation supported currencies across Central Europe. While euro zone inflation slowed more than expected in May data showed on Tuesday, annual inflation in Poland edged up to 2.3% from 2.2% in April. Poland is the first major economy in...

  • June 4- Emerging market shares fell on Tuesday as a weak performance on Wall Street overnight, a slew of disappointing manufacturing data from across the globe and an intensifying trade dispute between United States and China curbed risk appetite. "Its more the whole sentiment," said Morten Lund, an analyst at Nordea Markets, citing the decline in leading U.S....

  • MOSCOW, June 3- Russian pipeline monopoly Transneft said on Monday that it expects clean Russian oil to reach Poland on June 8-9, the TASS news agency reported.

  • MOSCOW, June 2- Russian oil output fell to 11.11 million barrels per day in May, its lowest level since June 2018, from 11.23 million bpd in April, Energy Ministry data showed on Sunday. The production fall resulted mainly from the closure due to oil contamination of Russia's Druzhba pipeline, which usually ships 1 million bpd, or 1 percent of global oil demand.

  • *Russia, Poland, Germany to meet in Moscow on June 3. MOSCOW, May 31- More than a million tonnes of contaminated oil from Russia's Druzhba pipeline, expected to be shipped back from Belarus, will end up at Russian refineries and export ports after being diluted to usable levels, sources have told Reuters. The pipeline was halted in April after excessive levels of...

  • President Donald Trump's threat to slap tariffs on all Mexico imports put the country's peso on track for its worst day in seven months on Friday with global growth worries flaring up, but a surprise ratings upgrade saw Indonesia's rupiah surge 1%. MSCI's emerging market currencies index slipped 0.2% and was on track for its worst monthly fall since the August...

  • MOSCOW, May 31- Seaborne oil supplies to Poland's Gdansk have reached a record monthly high of 2.1 million tonnes in May as Poland and Germany seek to replace Urals crude lost due to a pipeline outage, Refinitiv Eikon data shows. Of this 1.1 million tonnes was loaded from Russia's Primorsk port, which was not affected by contamination. Poland's biggest refiner PKN...

  • *Transneft estimates much lower than those of Belarus, Poland. MOSCOW, May 30- Contaminated Russian oil volumes sent to Europe are much smaller than claimed by Belarus and Poland, Russia's pipeline monopoly said on Thursday, in the latest twist in the country's worst oil export crisis. Oil buyers in Belarus, the Czech Republic, Germany, Hungary, Poland, Slovakia and...

  • NEW YORK/ MADRID, May 30- The holy grail for apparel brands facing rising uncertainty and cost in their global supply chains is to make their merchandise closer to the point of the sale. Entertainment companies from Walt Disney Co to Dr. "You can list overnight on Amazon all the merchandise that's for sale and then as you book sales you just make it and ship it," said...

  • *First round of output cuts announced on May 6. BRUSSELS, May 29- ArcelorMittal underlined the problems facing the European steel industry when it cut production for the second time this month, blaming weak demand and high imports. The European Commission is currently reviewing its "safeguard" measures to limit incoming steel and prevent a surge of imports as a...

  • BUDAPEST, May 29- Emerging European assets were mostly weaker in early trade on Wednesday due to concerns about trade tensions between the United States and China, with the Hungarian forint slipping after the central bank maintained a dovish stance. Tuesday's decision by the National Bank of Hungary to keep all interest rates on hold was in line with...

  • WARSAW, May 29- Poland's PKN Orlen believes talks on June 3 in Moscow about restoring the flow of oil to Poland through the Druzhba pipeline will be a turning point, its chief executive said on Wednesday.