22.07.2014 The situation on the financial markets could probably stabilize today and take a break from geopolitical tension. Pro-Russian separatists in Ukraine handed over 2 black boxes of the downed civilian plane to Malaysian investigators yesterday. Russian officials still stand by their view that the plane was not shot down by insurgents and are calling for an international investigation team. All eyes are now on the Eurozone leaders, who are due to discuss further potential sanctions against Russia today. British Prime Minister David Cameron said yesterday that the evidence so far points to the Malaysian airliner being shot down by pro-Russian separatists. He therefore called on Europe to act if this theory and Russia’s support for the rebels were confirmed. US President Barack Obama also commented on the situation yesterday. However, he chose his words very carefully in order not to increase the already high global tension.
04.07.2014 The U.S. dollar gained strength yesterday as the U.S. labor market added a whopping 288,000 nonfarm payroll jobs in June and the unemployment rate fell from 6.3 percent to 6.1 percent, the lowest since September 2008 (the fall of Lehman Brothers). Figures from the labor market also kicked off the US stock indexes, which closed at new highs on Thursday. Hopes for an economic recovery in the 2nd quarter of 2014 are gaining strength, and some forecasts are counting on up to 4 percent growth of the American economy in the months of April – June.
21.06.2010 The Czech stock market, like the European and American one, grew in the past week, reflecting the improving confidence of investors, although the published macro data sounded rather mixed. The European Commission and its reform proposals played their role. The International Monetary Fund stated that Greece is fulfilling the stability program and that Spain will certainly overcome the difficult period. The main PX index closed on June 18 with a gain of 0.6% to 1,164.9 points. Only three titles finished in negative territory. Unipetrol and Kit Digital shares recorded the deepest drop.