Free Trial

CZECHIA: Current Account Balance On Tap

CZECHIA
  • Hospodarske Noviny circulated a piece noting that the sharp rate cuts delivered by the Czech National Bank (CNB) are having a relatively small impact on mortgages.
  • Ex-CNB Governor Miroslav Singer told Lidovky.cz that Czech growth is underwhelming because "the state state has developed in such a way that it teaches people to ask for benefits."
  • Czechia will report its current account balance for the month of May at 09:00BST/10:00CEST, with consensus looking for a surplus of CZK9.50bn (down from CZK27.95bn in April).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.