Free Trial

Fiala and Cabinet Members To Discuss Potential Windfall Tax

CZECHIA
  • Prime Minister Petr Fiala and members of his cabinet will meet with the government’s economic advisory council to discuss the potential windfall tax and measures to help people cope with rising energy costs (BBG).
  • EURCZK has been retracing higher in the past week, gradually approaching its ST key resistance at 24.74 (200DMA). Next level to watch on the topside stands at 24.7980, which corresponds to the 61.8% Fibo retracement of the 24.0940 – 25.9360 range. On the downside, support to watch stands at 24.6260 (100DMA).
  • Czech 10y yield has been retracing higher in the past week after finding support slightly above the 200DMA (3.73%). Resistance to watch on the topside stands at 4.47% (100DMA). On the downside, key support to watch remains at 3.73% .

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.