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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
- This morning, economic data showed that PPI inflation accelerated to 19.4% in January (vs. 13.2% exp.), up from 13.2%, currently standing at its highest level since January 1992.
- The Czech government holds weekly meeting; the agenda includes a discussion about the situation in Ukraine and plans for further easing of pandemic measures (BBG).
- With inflationary pressures expected to start easing in H2 2022, CNB Deputy Governor Nidetzky said on a podcast yesterday that he 'can imagine' that debate on rate cuts could start in late 2022.
- EURCZK ticks lower this morning after finding resistance at its 50DMA (24.58); next level to watch on the topside stands at 24.68. On the downside, support to watch stands at 24.27.
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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