Roman Skalický (Lutherus)
Czech markets  |  October 04, 2010 13:38:02

Waiting for earnings season

PSE entered into a new week in a nervous mood. After a neutral start droop currently about 0.6%. During the week of earnings season begins in the U.S.. In the case of positive economic performance supported by solid prospects for the next quarter I would expect continued growth in foreign markets sessions. Fish on the street, in this case could reach foreign investors to attract great prizes Czech shares. Taking into account the slightly better makrodatům - out of unemployment - tend to be slightly more optimistic outlook.   On the other hand, negative numbers behind the Fed's policy is that several times and repeatedly confirmed their willingness to support America's economy, fiscal stimulus. Under these circumstances, we should expect increases of stocks, commodities at the expense of the dollar.


Premysl Nevlud


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