Czech National Bank decision: The CNB left rates unchanged at 3.5% and adopted noticeably milder communication, surprising markets. The koruna stabilized around 24.35 EUR/CZK following the decision. #CNB #CZK #FiatNews
Czech banksβ profitability: Czech banks and savings institutions reported combined net profit rising by CZK 9.4 billion to CZK 100.4 billion in the first three quarters of the year, year-on-year. #CzechRepublic #FiatNews
Howard Marks (Oaktree Capital) discussed two types of financial bubbles and assessed the health of todayβs equity market in a Bloomberg interview, distinguishing bubbles driven by popular financial engineering from other market excesses. #HowardMarks #FiatNews
Weekly highlights: Sung Cho (Goldman Sachs Asset Management) said financing AI investments need not be a major concern, while Kyle Bass (Hayman Capital) believes the Fed has room for further rate cuts. These contrasting views featured in the week's commentary. #FiatNews
U.S. outlook for 2026 (ΔSOB): The American economy should keep a solid growth pace fueled by AI-related investment, though a slowdown to about 1.7% growth is expected. Analysts anticipate stable inflation and lower interest rates next year. #US #FiatNews
Investment outlook 2026: Analysts expect a generally favorable macro backdrop but heightened risks. Markets remain driven by AI enthusiasm, while investors increasingly question where the AI cycle may peak. (Summary of 2026 outlook) #FiatNews
The Prague stock exchange rose, with the PX index up just under 1%. Notable winners included Erste, ΔEZ, Doosan and Moneta, while Kofola ended the week lower. #PX #FiatNews
Commodities were calm: Brent crude edged back above $60 per barrel. Gold ticked up to $4,345 per ounce and was set for a weekly gain, supported by expectations for Fed rate cuts next year. #Brent #Gold #FiatNews
The yen weakened sharply after the Bank of Japan raised its policy rate to 0.75%. The yen lost more than 1% versus the dollar, taking the USD/JPY pair to a one-month high. Both the euro and the pound reached historic highs against the yen. #BOJ #JPY #FiatNews
European markets finished the week positive as the Stoxx 600 gained 0.3% to a record level. Sector performance was mixed: sportswear names Puma and Adidas fell amid worries over Nikeβs weak results in China, which triggered a sharp sell-off in Nike shares. #STOXX600 #NKE #FiatNews
