Czech Balance of Trade (Dec) 14.8B vs. Exp. 10.1B (Prev. 16.2B)
The Czech Balance of Trade for December came in significantly above expectations, suggesting stronger export performance than anticipated.
European Movers: Vinci (DG FP) +5.5%, Orsted (ORSTED DC) +2.3%, Societe Generale (GLE FP) -2.0%, Sabadell (SAB SM) -6.2%, Coloplast (COLOB DC) -6.8%, Stellantis (STLAM IM/STLAP FP) -14.4%
UK and China working group will work towards an MOU between the PBoC and BoE
Czech Balance of Trade (Dec) 14.8B vs. Exp. 10.1B (Prev. 16.2B)
Deputy Head of Russian Military intelligence shot in Moscow, sources report
China's Shanghai Gold Exchange to increase margin ratios, price limits for some gold and silver contracts from the 9th of February closing settlement
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This positive surprise could bolster the Czech koruna in forex markets, as it reflects a robust trade environment, potentially influencing monetary policy outlook in a region where export dynamics are crucial.
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