{
}
The Czech central bank is expected to pause interest rate cuts soon to stabilize inflation, which has recently shown signs of accelerating beyond 3%. Governor Ales Michl indicated that while inflation had approached the 2% target earlier this year, core inflation remains a concern, reflecting ongoing domestic demand pressures.
Central banks in Eastern Europe are significantly increasing their gold reserves as a hedge against economic volatility. The Czech National Bank, under Governor Ales Michl, aims to double its gold stockpile to 100 metric tons within three years, reflecting a broader trend among regional banks to diversify investments and capitalize on rising gold prices.
The Czech Republic's central bank is on a mission to significantly increase its gold reserves, aiming to double its stockpile to 100 metric tons within three years. Since Ales Michl took office in 2022, the reserves have grown fivefold as part of a strategy to diversify the bank's assets.
At a recent press conference, Raiffeisen Capital Management unveiled its CEE Asset Management Radar, highlighting the growth potential of the asset management industry across fourteen Central and Eastern European countries. The radar combines economic data with asset management trends, forecasting a compound annual growth rate of 12.1% for the region, driven primarily by net inflows. Raiffeisen Group's assets under management reached a record high of nearly 65 billion euros, reflecting a robust recovery and increasing interest in sustainable investments.
Raiffeisen Capital Management has reached an all-time high of nearly EUR 65 billion in assets under management, with a significant portion invested responsibly. The fund savings segment in Central and Eastern Europe (CEE) is rapidly growing, reflecting broader societal engagement in capital markets. Forecasts indicate strong growth potential in CEE, with local assets expected to surpass those of Austria by 2028.
UBS has increased its target price for Eon from 16 to 16.20 euros while maintaining a "buy" rating. Analyst Wanda Serwinowska highlighted Eon"s significant exposure to the growing electricity distribution sector and noted the company"s rising returns in the Czech Republic, alongside potential opportunities from regulatory disputes in Germany.
UBS has raised its target price for Eon from €16 to €16.20 while maintaining a "Buy" rating. Analyst Wanda Serwinowska highlighted Eon"s significant exposure to the growing electricity distribution sector and noted increasing returns in the Czech Republic, alongside potential opportunities arising from regulatory disputes in Germany.
UBS has increased its target price for Eon from 16 to 16.20 euros, maintaining a "buy" rating. Analyst Wanda Serwinowska highlighted Eon"s strong position in the electricity distribution sector, noting growth potential in the Czech Republic and opportunities arising from regulatory disputes in Germany.
Czech central bank Governor Ales Michl has warned that global economies are facing increased volatility in consumer prices, necessitating stricter monetary and fiscal policies. He noted that after a period of high inflation, the world is entering a phase with greater inflation fluctuations around central bank targets, with an upside risk.
The Europe healthcare rigid plastic packaging market is evolving, driven by technological advancements and increasing consumer demand for sustainability. Companies are responding to growing environmental concerns by developing eco-friendly packaging options, which may shift demand away from traditional plastics. Key regions include North America, where healthcare innovations are prominent, and the Middle East and Africa, where expanding healthcare infrastructure boosts packaging needs.
CZE
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Czech Central Bank Signals Pause on Rate Cuts Amid Rising Inflation Concerns
09:26 04.12.2024
eastern european central banks increase gold reserves amid market volatility
06:47 28.11.2024
east european central banks emerge as major gold buyers
06:00 28.11.2024
growth prospects of asset management in central and eastern europe
Euro
United States Dollar
Raiffeisen Bank International AG
SVK
HUN
SVN
BIH
BGR
POL
UKR
AUT
HRV
ROU
CZE
SRB
ALB
Michal Kustra
Gunter Deuber
Show more
19:26 25.11.2024
raiffeisen capital management achieves record assets in central and eastern europe
Euro
Raiffeisen Bank International AG
SVK
HUN
SVN
BIH
BGR
POL
UKR
AUT
HRV
ROU
CZE
SRB
ALB
Michal Kustra
Gunter Deuber
Show more
14:37 25.11.2024
ubs raises eon target price to 16.20 euros maintaining buy rating
08:41 19.11.2024
UBS raises Eon target price and maintains buy rating
08:35 19.11.2024
ubs raises eon target price to 16.20 euros maintaining buy rating
07:46 19.11.2024
czech central bank chief warns of increased global inflation volatility
13:01 18.11.2024
ustainable packaging trends reshape europe healthcare rigid plastic market
United States Dollar
DWK Life Sciences
DEU
FRA
AUT
ESP
ITA
BEL
POL
LUX
NLD
CZE
RUS
GBR
Ismail Sutaria
Show more
09:02 18.11.2024
Trending
Subcategory
Countries:
Companies:
Currencies:
People: