KBC Market Research Desk
KBC Bank
Weekly Highlights:
The NBP dovish again and more may be to come?
Czech and Hungarian inflation remain still negligible
Czech industry keeps strong momentum
The Polish annual inflation sticks to 0.7% level
Chart of the Week: Czech cars & industry
Czech industrial output as well as export is primarily driven by carmakers. New orders are also primarily fuelled by carmakers, which are enjoying a recovering European market.
This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.
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EUR/USD stays near 1.0750 following Monday's indecisive action
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GBP/USD retreats below 1.2550 as USD recovers
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Gold price turns red below $2,320 amid renewed US dollar demand
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Ripple lawsuit develops with SEC reply under seal, XRP holders await public redacted versions
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The impact of economic indicators and global dynamics on the US Dollar
Recent labor market data suggest a cooling economy. The disappointing job creation and rising unemployment hint at a slackening demand for labor, which, coupled with subdued wage growth, could signal a slower economic trajectory.