+420 955 559 552Most important analyses
- 7/28/2021 10:32 AMCzech Economic Outlook: Economy revving up
- 4/28/2021 11:34 AMCzech Economic Outlook: Hawks returning
- 1/27/2021 7:05 PMCzech Economic Outlook: Emerging from the vale of tears
Short-term recommendations
- 8/31/2021 2:00 PMCompany analysis: Moneta (Buy, 12m TP CZK109.7): We increase the target price to CZK109.7 and confirm our Buy recommendation
- 2/11/2021 12:17 PMCompany analysis: Avast (Buy, 12m TP CZK180): We increase our target price to GBp600 and keep the Buy recommendation
- 11/27/2020 2:57 PMCeska zbrojovka Group SE (Buy, 12m target = CZK357): Largest Czech firearms manufacturer poised to benefit from growing US market
- 7/23/2020 8:29 AMCompany analysis: CEZ: We keep our BUY recommendation and adjust the 12m target price to CZK621
- 11/12/2019 12:34 PMCompany notes: CME (Hold, 12m target = no price) - We downgrade our recommendation to Hold due to the deal between PPF and CME
Presentation
Prognosis and recommendations
Currencies
FX market is a global market with a very high liquidity and trade volumes. This global market is open 24/7 except for the weekends and a few selected public holidays. The interbank trades are done through electronic systems EBS and Thomson Reuters Dealing. FX market is decentralized, which means there is no central exchange and the trades are realized on the over-the-counter (OTC) basis. Komerční banka enables access to this market through dealing and KB eTrading electronic platform.
Current rates
The quotes are derived from the current rates on the interbank market. The bid-offer spread represents the spread for a typical client trade.
Exchange rates
Exchange rates list states the rates at which it is possible to buy or sell foreign currencies for Czech Crowns at any KB branch in cash (banknotes) or cashless transactions.
Related commentary and analysis
Indicator Analysis: Industry dropped strongly due to car manufacturers
10/7/2021 1:24 PM
Industry fell sharply below all estimates in August, mainly due to a drop in car production. Hand in hand with this, the foreign trade balance also deteriorated. Construction output grew slightly. In summary, the published data were worse than expected, and although it is not good to draw strong conclusions from the summer months, supply chain problems appear to continue to weigh heavily on industry.
Autor: Michal BrožkaAll data included on KB Investment Banking website are for information purposes only. Komerční banka, a. s., does not vouch for the correctness and completeness of any information available on this site and cannot be held responsible for any damages.
Other commentaries
- 10/7/2021 1:24 PMIndicator Analysis: Industry dropped strongly due to car manufacturers
- 9/30/2021 10:00 PMAd-hoc reports: The CNB surprised with a 75bp rate hike
- 9/6/2021 1:17 PMIndicator Analysis: Growth of Czech industry accelerated slightly in the summer
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