Latest comment from financial markets

Monthly forecast: The second wave will limit retail trade as production continues

11/30/2020 6:42 PM

Retail sales are likely to have fallen in October due to the second pandemic wave and related measures, and an even deeper decline can be expected for November. On the contrary, we expect further expansion of industrial production in October, although risks for further growth are accumulating here as well. Consumer price growth should continue to decelerate slowly, although the second pandemic wave has the potential to shake up prices. In the current situation, the CNB will only wait for further developments and comment on the present.

Autor: Martin Gürtler Show more

Latest comment from the equity market

Ceska zbrojovka Group SE (Buy, 12m target = CZK357): Largest Czech firearms manufacturer poised to benefit from growing US market

11/27/2020 2:57 PM

We initiate coverage of small firearms manufacturer Ceska zbrojovka Group SE (CZG), with a Buy rating and target price of CZK357, implying a 12m TSR of 27.9%.

Autor: Bohumil Trampota Show more