Measured reaction to the ECB decision
The Czech industry posts another excellent result
Like the core markets, also the Central European markets have been digesting yesterday´s decision of the ECB. The difference is, though, that the roller coaster ride in Central Europe, following the ECB decision that went further than the consensus expected, has been less bumpy. Regional markets closed only little changed on Thursday compared to their levels ahead of the ECB decision. We believe that the latest ECB easing will have positive effect on most regional asset markets in the medium run.
Read the full report: FX Daily
KBC