Welcome to the latest October recap of the events we focused on during the last trading week, which brought a few surprises worth remembering.
Read more to stay in the loop!
On Thursday, the ECB raised the key interest rate by 75 basis points, as the market expected. This was "only" the third rate hike in a row and we are currently at 2 %.
TIP: Recording of the ECB press conference
The US economic downturn gathered considerable momentum in October, while confidence in the outlook also deteriorated sharply.
The surprise of the week came on Wednesday, when the Bank of Canada (BOC) raised its base rate by 50 basis points, compared to the 75 bp it had announced.
The end of the trading week closed with the Bank of Japan meeting, where the central bank decided to leave rates unchanged again.
In the current trading week, we expect a total of four central bank meetings, which are sure to bring a degree of volatility to the markets.
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Last week offered us some interesting events that are worth paying attention to. The markets experienced volatility especially at the end of the trading week.
Read more to stay in the loop!
From the euro area, we were only looking for Wednesday's CPI and inflation data last week.
Wednesday also brought us the latest inflation and CPI data from the UK.
The US Dollar (USD) fell against the Yen (JPY) on Friday, posting its biggest daily decline.
We also saw inflation in Canada in the middle of the week, which signalled a bullish scenario for the Canadian dollar.
This week we have a couple of central bank meetings to focus our attention on.
Wednesday, October 26 - Bank of Canada (expected to raise rates by 75 bp)
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Welcome to our regular Monday recap of last week's fundamental, which was a bit weaker.
Even so, we were waiting for important data that brought volatility to the markets.
At the beginning of last week we were waiting for the latest data from the UK labour market, which turned out to be quite positive.
All last week, we were waiting for Thursday's US inflation data, which only reinforced our belief in a stronger US dollar.
This trading week will also be one of the weaker ones in terms of fundamentals.
The most interesting fundamentals we will wait for are Wednesday's data on the current inflation rate in the UK (8:00), the Eurozone (11:00) and Canada (14:30), on which we will focus our attention.
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We're already into the third quarter of the year and we'd like to share with you some of the exciting things we've done during this period and what you can look forward to in the near future!
The construction of our trading floor is nearing the finish line and we have announced the first two dates of the VICI personal courses, which will be held in the new premises!
Personal courses will get an even bigger boost as we will make the most of our modern facilities and increase the capacity of places on individual courses.
We are very pleased to see that our students are doing well and that there is an increasing interest in the courses. Proof of this is that when new course dates were announced, we often had them filled almost immediately.
Next dates of the trading floor: 5.11.2022 and 6.11.2022
We place great emphasis on giving you as much knowledge and experience as possible to help you become profitable in the long term.
We are currently working on expanding and improving the VIDI online course. You can look forward to new tutorial videos, more examples from real trading, or chapter extensions.
Self-reflection and evaluating your results are integral not only for new traders, so we've already added new content to the members section to help you do just that. And that's the whole Chapter no. 12 - Business diary!
Due to the high interest in attending personal courses and a more individual approach, we have decided to launch mentoring programmewhich gives you the opportunity to use our time on a regular basis to refine the steps in your business process so that together we can find the mistakes that are holding you back in the long term!
We had the honour to become the main partners of the Blackout festival, which took place in September in Olomouc, and at the same time sponsors of the CZECH PGA TOUR 2022 golf tournament at Kaskáda, where the highest domestic professional series of the season ended.
Because we are no strangers to sports and we like to support skilled athletes and their clubs, we decided to support the Brno boxing team SPB Boxing Brno.
The foundations of this team are with the former MTM boxing team Brno, which has been on the Czech boxing scene since 2017, when it managed to raise one national champion and one vice-champion in cadets.
We are glad that we could support one of the Brno table tennis clubs SKST Nový Lískovec Brno, which last season managed to get 3 teams out of 6 to higher competitions and opened the door to the region after several years.
Thank you for an amazing season and we wish you success!
Welcome to our regular Monday recap of the fundamentals we've been following over the past week.
Read on to keep up to date.
Last week, the European Central Bank (ECB) published its minutes from the monetary policy meeting, from which we could learn that inflation is too high.
Hint: read the full minutes of the ECB meeting:
https://www.ecb.europa.eu/press/accounts/2022/html/ecb.mg221006~a5f7fb03f3.en.html
Last week we also got the latest PMI data from the UK, which was also not entirely positive...
After the decline in the US dollar (usd) at the beginning of the week, we got better PMI and labour market data in the second half of the week, which helped the dollar to strengthen again.
The most important events on which we focused our attention were the meetings of the Reserve Bank of Australia and the Reserve Bank of New Zealand.
We start the week with almost no fundamentals because it is a holiday in the US and Canada.
More interesting data will come on Thursday.
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Welcome to our regular Monday recap of the most important events worth remembering.
Read more to stay in the loop!
At the end of last week, we turned our attention to inflation in the euro area, which rose and reached double digits for the first time in history.
At the turn of last week we could see the so-called. the "free fall" of the British pound (GBP). GBP came under selling pressure on Friday 23 September and then on Monday 25 September.
The topic of intervention in the Japanese currency market has been recurring a lot in recent days. We got more comments during the week that told us more.
On Thursday, the CNB Board left interest rates unchanged at 7 % for the second consecutive day.
This week we have two central bank meetings (RBA and RBNZ).
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The last trading week was marked by central banks, whose actions brought some volatility back to the market.
Let's see together what is worth remembering.
As expected, the Bank of England raised its main interest rate by 50 basis points at its monetary policy meeting on Thursday.
On Wednesday, we focused our attention on the most important event of the week. The Fed raised the key interest rate as expected to 3.25 %.
The Canadian inflation rate shows us a slight cooling after the interest rate hike.
The Bank of Japan left its key interest rate unchanged on Thursday.
At its meeting on Thursday, the Swiss National Bank raised its key interest rate by 75 basis points.
The current trading week will be much poorer on fundamentals.
On Tuesday, we will focus our attention on the speech by Fed chief Jerome Powell, which will come at 13:30.
Throughout the week, we will also be able to observe a few speeches by central bankers (ECB, FOMC, RBNZ and BOJ).
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Welcome to our regular recap of the important events we followed last week.
We will be very cautious this week as we have a number of major central bank meetings coming up!
Read more to stay in the loop!
Last week in the euro area, we focused our attention only on inflation data, which had a negligible impact on the market. In any case, the euro started to strengthen slightly in response to this data.
From the start of the week, we could see the latest data on British GDP, which turned out positive. The British economy grew by 0.2 % in July compared to June.
The annual inflation rate fell for the second month in a row in August. Compared with the previous month, consumer prices increased by 0.1 %.
The Fed will be the main focus this week! The meeting will take place on Wednesday at 20:00. But the Fed isn't the only thing we'll be focusing our attention on.
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Last week we saw decisions from three central banks.
Read on to find out more.
The European Central Bank raised its key interest rate for the second consecutive day. The ECB decided to raise rates as expected by the markets to the current 1.25 % (+75 bp).
The BOC held to its plans and raised the rate by 75 basis points. This is the highest since April 2008.
TIP: You can read the full report here:
https://www.bankofcanada.ca/2022/09/fad-press-release-2022-09-07/
TIP: You can read the full report here:
https://www.rba.gov.au/media-releases/2022/mr-22-28.html
On Tuesday, the Reserve Bank of Australia (RBA) also decided to change the interest rate, which also did not surprise the markets and raised rates by the planned 50 basis points.
The current trading week will be weaker on economic data.
During the week, we will be looking mainly at the latest data on inflation in the euro area, the US and the UK.
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We expect high volatility this week.
So read on to find out more!
The annual inflation rate in the euro area accelerated to 9.1 %. It thus broke a new record high. The consumer price index increased by 0.5 % compared with July.
On Wednesday, US Federal Open Market Committee (FOMC) member Loretta J. Mester gave a speech, mentioning that she does not expect the Fed to cut rates next year because the battle with inflation will be a long one.
GDP in Canada increased by 0.8 % quarter-on-quarter, matching the growth rate of the previous period and recording four consecutive quarters of growth.
There are many events to focus our attention on this week. And it will be mainly central banks that can give the markets more volatility.
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English 
Czech 
Polish