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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 Finance Ministry says it prepared a draft regulation that would allow imposing limits on profit margins at petrol stations and also cap prices for fuel distributors (BBG).
- This week has been quiet in terms of news; next economic data to watch will be consumer confidence, coming out next week on August 24.
- We saw that consumer confidence has been constantly testing new lows in the current environment, falling to -33 in July, its lowest level since 1999.
- The chart shows that consumer confidence has strongly led industrial production by 6 months in the past two decades.
- Today, FinMin is expected to present the quarterly update of its economic forecast (12pm CET).
Source: Bloomberg/MNI
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.
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