...higher-than-expected 10,000 in the last week. Elsewhere, the yen firmed both against the dollar and the euro, helped by a further drop in oil prices and data showing Japan's trade surplus widened by a robust 44.2% y-o-y in July. Today's attention will be on revised second-quarter U.S. gross domestic product figures and Federal Reserve Chairman Alan Greenspan's speech. The market expects GDP growth to be revised down to 2.8% from 3.0% in the initial estimate.
The crown slipped to an eight-week low of 31.93 to the euro on Thursday following a widely-expected CNB's decision to raise interest rates by 25 basis points. The crown-selling seems to have been driven by those investors, who had expected a larger 50 basis point rate rise. Moreover, the currency appeared mirroring falling currencies of neighbouring Poland and Slovakia.
|
FX RATES |
| USD/CZK |
26.330/360 |
| USD/GBP |
1.8015/20 |
| EUR/CHF |
1.5411/15 |
| EUR/CZK |
31.920/935 |
| USD/YEN |
109.24/30 |
| EUR/GBP |
0.6725/29 |
| EUR/USD |
1.2122/24 |
| EUR/YEN |
132.41/47 |
|
STOCK MARKETS |
| NIKKEI |
11209.59 |
+80.26 |
| EUROSTOXX 50 |
2688.67 |
+24.00 |
| FTSE 100 |
4453.9 |
+42.3 |
| DAX 30 |
3832.28 |
+43.40 |
| DJ INDEX |
10173.41 |
–8.33 |
| NASDAQ |
1852.92 |
–7.80 |
| PX 50 |
801.2 |
+5.0 |
| GOLD |
408.00/+408.50 |
- |
| DEPOSIT RATES |
| | CZK | USD | EUR | YEN |
| ON | 1.20-1.30 | 1.49-1.52 | 2.02-2.05 | --- |
| 3M | 2.55-2.65 | 1.74-1.77 | 2.08-2.11 | -0.05-0.02 |
| 6M | 2.70-2.80 | 1.94-1.97 | 2.13-2.16 | -0.03-0.04 |
