The Czech National Bank left its policy rate unchanged at 3.5%. Governor AleΕ‘ Michl said upside and downside inflation risks are balanced and the board keeps all options open; the decision matched market expectations. The koruna moved to EUR 24.38 (firmer) and USD 20.79 (weaker). #CNB #CZK #FiatNews
US markets rallied after softer inflation and corporate results. November CPI YoY slowed to 2.7% (vs. 3.1 expected); core CPI was 2.6%, also below forecasts. Data lifted expectations for Fed rate cuts in 2026 and helped lift the Nasdaq by roughly 2%; Micronβs strong report added to the upswing. #CPI #NASDAQ #Fed #FiatNews
European stocks rose as investors digested central bank decisions: Stoxx 600 added about 1%. The ECB held rates at 2%, while Riksbank and Norges Bank also stayed on hold. Norges Bank signalled the next cut might not come until summer 2026 despite expecting gradual easing next year. #ECB #Stoxx600 #FiatNews
18 December 2025 β Market logic for buybacks and IPOs under scrutiny amid high valuations.
At a time of exceptionally high market valuations, the textbook expectation is that listed companies would reduce share buybacks and instead pursue new share issuances. The argument is straightforward: when prices are elevated, companies are less likely to repurchase their own stock and there should be stronger activity in primary offerings β more listings and capital raised by newly public firms.
This observation frames how investors and issuers might think about capital allocation and supply of listed equity in the current environment. The note highlights the contrast between buybacks and IPOs as alternative uses of corporate financing when valuations are elevated. #buybacks #IPO #markets #valuation #FiatNews
The Czech National Bank left interest rates unchanged on December 18, 2025, but signalled a noticeably less hawkish tone, surprising market participants, CSOB chief economist Jan BureΕ‘ commented. The decision to hold policy rates matched market expectations, yet the accompanying rhetoric was markedly milder.
BureΕ‘ noted that while the policy rate level was unchanged, the central bankβs communication reduced the emphasis on further tightening, a shift that caught markets off guard. No specific rate figures were provided in the comment.
The move leaves current policy settings intact while attention turns to how the softer language will affect market expectations and future monetary policy signals from the CNB. #CNB #CzechRepublic #rates #FiatNews
Germany faces continued weak growth in 2026, constrained by high energy costs, rising competition from China and a lack of major reform, ΔSOB analysts warn in their outlook published on 18 December 2025. The bankβs assessment says these structural headwinds keep the economy trapped in a low-growth pattern with downward pressure on competitiveness.
Key factors cited include expensive energy, which raises production costs, intensifying pressure from Chinese competitors in manufacturing and export markets, and the absence of decisive domestic reforms to boost productivity and innovation.
The outlook frames these forces as central challenges for policy makers and firms seeking to restore stronger growth and competitiveness over the medium term. #Germany #economy #energy #FiatNews
18 December 2025 β The European Central Bank closed the year without surprises, keeping its key rate at 2% and maintaining cautious forward guidance. Chief economist Dominik Rusinko said the ECB is still "in a good place" and that the preferred scenario is policy stability, with rates likely unchanged through 2026.
Rusinko highlighted that communication remains prudent and that the central bankβs stance prioritizes steady conditions over further tightening or loosening. The summary underscores a consensus for holding rates steady given current signals from the ECB.
The assessment frames 2026 as a year of likely rate continuity unless incoming data prompt a reassessment. #ECB #Eurozone #InterestRates #MonetaryPolicy #FiatNews
On 18 December 2025 the European Central Bank kept its main interest rate unchanged at 2% for the fourth consecutive meeting, saying it will rely on incoming data to guide future decisions and noting an improved economic forecast. The bank highlighted that inflation is holding close to its target and that the euro area has shown resilience to recent global shocks.
ECB policymakers left the policy stance unchanged while upgrading their projection for growth or inflation (details of the revision were not provided in the summary). The decision signals a waitβandβsee approach, with a clear emphasis on monitoring incoming macroeconomic indicators before altering rates.
The move underlines the ECBβs priority to balance price stability with emerging signs of economic stability across the eurozone, and to adapt policy gradually as new data arrive. #ECB #eurozone #inflation #FiatNews
On 18 December 2025, at its final monetary policy meeting of the year, the Bank Board of the Czech National Bank (ΔNB) left interest rates unchanged β a move that did not surprise markets and matched expectations. The council decided to keep policy rates at their current levels.
The decision closes the central bankβs meeting schedule for 2025 and maintains the existing monetary stance heading into the new year. No specific rate changes were announced.
Market observers had anticipated a pause at this session, and the outcome aligns with those expectations. #CNB #CzechRepublic #InterestRates #MonetaryPolicy #FiatNews
Tesla's core automotive business now represents only a fraction of the company's market value, with investors increasingly focused on its ambitions in autonomy and artificial intelligence. The stock has been trading like a futuristic AI powerhouse rather than as a conventional carmaker. #TSLA #AI
In recent days the shares climbed while broader indexes lagged, driven by a partial success in the company's robotaxi effort: test rides without a driver have begun in Austin. That operational milestone helped lift sentiment even as underlying vehicle sales and margins remain the traditional earnings base.
The contrast highlights a market that currently prizes Tesla more for potential upside from autonomous mobility and AI services than for its current, core automotive business. #robotaxi #FiatNews
