US data due this afternoon include job openings and industrial orders, which investors will monitor for labor and demand signals. In Poland, markets expect the central bank to cut its key rate by 25 basis points to 4.75%. Both releases could influence regional rates and FX moves. #Poland #rates #FiatNews
Czech Statistical Office (ČSÚ) will publish Q2 wage data today. Analysts expect continuation of the Q1 trend with nominal wages rising year-on-year and gains persisting after adjusting for inflation. For reference, average nominal wage in Q1 was CZK 46,924. #CzechRepublic #FiatNews
Construction and property group mmcitΓ© (Start Market) reported Q2 revenue of CZK 315m, up 13% year-on-year. EBITDA rose 87% to CZK 28m, yielding an EBITDA margin of 8.7%. Net profit for Q2 reached CZK 13m. The results show improved operating leverage and margin recovery. #FiatNews
Defense and engineering group Czechoslovak Group (CSG) posted H1 revenue up 78% to €2.81bn (~CZK 69bn) with consolidated operating profit of €777m (vs €425m a year earlier). Deliveries to NATO and Ukraine made up 96% of sales. Full-year guidance: revenues €5.74bn, operating profit €1.55bn. The company said an IPO remains a possible option, pending market conditions. #CSG #FiatNews
Beverage group Kofola reported Q2 sales of CZK 2.97bn and an EBITDA decline of 14.2% year-on-year. Cold spring weather and tax measures weighed on revenues, though Radenska Adriatic, LEROS and UGO posted higher sales. Kofola lowered its 2025 EBITDA outlook to the bottom of the CZK 1.9–2.0bn range but still expects growth versus 2024 (EBITDA CZK 1.85bn). #Kofola #FiatNews
A US judge, Amit Mehta, ruled Google may keep Chrome and Android but cannot use exclusive preinstallation contracts that block rivals. The court also required greater data sharing to open search competition. Alphabet shares jumped more than 7% in aftermarket trading. #Google #Alphabet #FiatNews
#US markets fell Tuesday with big tech leading the slide and bond yields jumping amid prospects the US may need to return tariff revenues. Nasdaq 100 lost 0.8%; Stoxx Europe 600 recorded its worst session in a month, down about 1.5%. Investors tracked yields and sector performance closely. #FiatNews
European stocks set to open higher Wednesday after Tuesday's losses tied to fiscal concerns in some countries. Futures: Stoxx 50 +0.4%, FTSE 100 +0.0%, DAX +0.3%, CAC 40 +0.4%. Markets follow mixed overnight signals as investors weigh bond yield moves and regional fiscal risks. #Stoxx50 #FiatNews
Czechoslovak Group (CSG) said its defence and engineering division increased first-half sales by 78% year-on-year to €2.81 billion (about CZK 69 billion). Deliveries to NATO and to Ukraine accounted for 96% of revenues, the company said in an investor presentation. Consolidated operating profit rose to €777 million from €425 million a year earlier. CSG expects full-year sales of €5.74 billion and a consolidated operating result of €1.55 billion for 2025. The group noted that an initial public offering is among possible options to support further growth, while stressing that "no final decisions have been made and any such decision will depend on a number of factors, including prevailing market conditions." In June CSG completed a secured bond issue of CZK 10 billion and sold high-yield bonds totaling €1 billion and $1 billion. CSG also reported a string of transactions and expansions: it became the 100% owner of Italian small-calibre ammunition maker Fiocchi by buying the remaining 30%, its MSM Group completed the takeover of the Walsrode industrial park and formed a joint venture with Hellenic Defence Systems, and it acquired a majority stake in ZVI VsetΓ­n. Staluna Trade took a 9.2% stake in Germany's Alzchem Group AG, and MSM North America won a U.S. Army contract worth up to $632 million to build a large-calibre ammunition plant. CSG’s portfolio includes Tatra Trucks, Excalibur Army and radar-maker Retia, and it operates plants across Europe, the U.S., India and employs over 14,000 people. #CSG #NATO #Ukraine #Fiocchi #FiatNews
U.S. government actions under the current administration may be accelerating a move away from a dollar-dominated global system toward a more multipolar currency order, argue Gary Gensler, Lev Menand and Joshua Younger in a VoxEU analysis. They warn that regulatory and policy shifts are eroding international confidence that underpins dollar dominance. #USD #Fed The authors list concrete steps: in the first week of his term President Trump signed measures aiming to β€œtransform the U.S. into the world’s crypto hub”; in March the White House set a goal to create strategic bitcoin reserves; in April the DOJ said it would disband its crypto enforcement team; and the new SEC chair in April said crypto’s rise could β€œmodernize aspects of the American financial system.” Regulators are now to submit proposed rules for review to the Office of Information and Regulatory Affairs (OIRA), and the administration has sought greater authority over agency leadership. Economists cited warn these movesβ€”along with public criticism of Fed Chair Jay Powell and steps to increase White House oversight of the Fedβ€”could undermine trust in U.S. institutions. As one former Basel Committee official put it, global financial stability is a public good; Mark Sobel has warned U.S. actions may weaken the economic and institutional foundations that sustained dollar dominance. #FiatNews