CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Koruna On Back Foot Despite Positive Surprise In Current-Account Balance

CZK

EUR/CZK is a tad firmer on the day, last changing hands +0.061 at 24.617. On the topside, the focus is on Oct 26, 2023/Jul 7, 2022 highs of 24.747/24.797. On the downside, bears see Nov 3 low of 24.365 as their initial target, followed by the key 24.3 support area.

  • Czechia posted a surprise current account surplus of CZK33.44bn in September versus expectations of a 15.00bn deficit. This comes after a CZK26.31bn deficit recorded in August.
  • Otherwise, local headline flow has been relatively light. Chamber of Deputies Speaker Marketa Adamova Pekarova was re-elected as leader of her TOP09 party.
  • CZGB yields are mixed across the curve. The PX Index has added 0.5% this morning.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.