Free Trial
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.
CZECHIA
- The Czech Republic is further relaxing its Covid-19 measures on Monday, dropping mask mandates in all settings except for public transport as well as healthcare and social services (BBG).
- This morning, economic data showed that retail sales accelerated to 4.8% in January (vs. 8.7% exp.), down from revised 1.4% the previous month.
- EURCZK continues to retrace lower this morning, breaking below its 100DMA at 24.9880; next support to watch on the downside stands at 24.6440 (50DMA). On the topside, resistance to watch above its 100DMA stands at 25.2360 (200DMA). (chart below).
- Czech 10Y yield continues to trend higher after breaking above the 3.50% level last week; next resistance to watch on the topside stands at 3.75%. On the downside, support to watch below 3.50% stands at 3.36%.
- Next important data is PPI inflation coming out on March 15, expected to accelerate to 20.4% YoY in February (from 19.4% the previous month).
Source: Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok