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Preview of the day – August 24, 2020


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Ahead of us is Monday, August 24, day 237 of the year. Here is a preview of the day’s highlights and a short list of topics worth knowing about in the morning.

Morning themes

Banks’ profits are down. Banks are still one of the few sectors on the WSE that has not recovered from the coronavirus crash. The recently published reports for the second quarter show that the pandemic has significantly reduced the profitability of the banking sector.

An apartment for half a million. What will be the installment? Mortgage loans have increased in price in recent months, but interest rates have fallen sharply. As a result, the installments of the liabilities are much lower today than at the beginning of the year. Bankier.pl checked the cost of a loan for an apartment worth 520 thousand. PLN.

Foreign currency deposits also pay little. Deposits foreign exchange follow in the footsteps of other deposit products. Although rates on foreign currency deposits have never been the highest, they are currently at record lows.

The pyramid is broken. The Central Anticorruption Bureau detained three people from the management of a company operating like a financial pyramid. Even several thousand people could lose several hundred million zlotys.

A great demonstration in Minsk. Tens of thousands of people demonstrated opposition to the rule of Alexander Lukashenka.

Syria in the dark following the pipeline explosion. The explosion of the gas pipeline left all Syria without power, the Syrian news agency SANA reported on Monday morning

It will happen in Poland

School. Press briefing of the Minister of National Education, Dariusz Piontkowski. Topic: preparations for the start of the new school year 2020/2021 (13:30)

Development Vision Forum. Mateusz Morawiecki will take part in the 3rd Development Vision Forum, which will be held at the Naval Academy in Gdynia. The program includes the speech of the head of government, the presence and speeches of ministers, incl. funds and regional policy of Małgorzata Jarosińska-Jedynak, family, work and social policy of Marlena Maląg, agriculture and rural development by Jan Krzysztof Ardanowski (09:00).

Premier. Meeting of Prime Minister Mateusz Morawiecki with participants of the 3rd edition of Hackathon Vision of Development ’20 (13:40)

Real estate. Real Estate Market Forum in Sopot (09:00).

Estonian CIT. Press conference “Is it worth introducing an Estonian CIT” organized by the KoLiber Association (14:30)

Festival in Opole. Press conference of the 57th National Festival of Polish Song in Opole (14:00)

It will happen in the world

Vilnius. US Deputy Secretary of State Stephen Biegun will meet Swiatlana Cichanouska, candidate in the recent presidential elections in Belarus. On August 23-27, in addition to Lithuania, the Pole will also visit Russia and Ukraine, where he is to talk with representatives of local authorities

Kiev. Ukraine’s Independence Day, the head of the German Ministry of Foreign Affairs Heiko Maas visits this country

Charlotte. Beginning of the Republican Party convention, at which the incumbent US President Donald Trump is to officially be nominated as his party’s candidate in the November presidential elections (by Thursday)

Jerusalem. US Secretary of State Mike Pompeo will visit Israel where he will talk with Prime Minister Benjamin Netanyahu

Teheran. Rafael Grossi, the head of the International Atomic Energy Agency, visits Iran

Geneva. The third round of talks under the aegis of the United Nations, in which the government, the opposition and representatives of Syrian civil society are to work out a new constitution for their country

Vienna. Annual meeting of the finance ministers of the German-speaking countries.

Economic calendar August 21, 2020

Money supply in Poland (14:00)

Session summary

Stock exchange session: Undecided WSE. Increases in JSW and LPP

Wall Street Session: Wall Street Rises

See quotation tables | Current indexes of contracts |

Stock exchange calendar

UNIMOT, STRONG, POLIMEXMS, TSGAMES – Publication of the consolidated report for the first half of 2020.

LIVECHAT – First day of trading without dividends of PLN 1.28 per share.

#This day on August 24

410 – Conquest of Rome by the Visigoths.

1456 – First printing of Gutenberg’s Bible completed.

1891 – Thomas Edison patented the camera.

1894 – The Bata company was founded

1939 – General mobilization announced.

1944 – On the basis of a decree of the Polish Committee of National Liberation, banknotes printed in Moscow with the name of the still non-existent NBP were put into circulation.

1949 – The North Atlantic Pact entered into force.

1991 – Ukraine proclaimed independence (from the USSR).

1995 – Official premiere of the Windows 95 operating system.

Sources: PAP, Investing.com, Wikipedia

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