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ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: MPs will begin to consider the draft state budget for next year. Analysts expect the CNB to maintain its seven percent interest rate. The British central bank is starting temporarily unlimited purchases of government bonds. Inflation in Turkey rose to 83.5 percent in September, the highest since 1998. The Japanese central bank has not changed interest rates, is promoting a loose monetary policy. Analysts: The increase in rates by the European Central Bank will increase pressure on the crown. Beijing is delaying the publication of data on economic development during the Communist Party Congress. According to Vestager, the importance of antitrust authorities is growing in the crisis. Zeman and local governments welcome the energy price cap, economists expect higher costs. Reuters: German bakers are being burned by rising energy prices. The IMF has downgraded the growth estimate for the Czech economy for this year to 1.9 percent. European finance ministers and governors will meet in Prague on Friday and Saturday. The CNB's decision to keep the base rate is in line with analysts, and the market was expecting it. The IMF has again downgraded the outlook for global economic growth for next year. The Pilsen Region company is nanoSPACE from Domažlice, the self-employed is woodcarver Karel Tittl. The Karlovy Vary Region company of the year is a wig seller, the self-employed is a violin maker. Grocers have called on the government to solve the energy crisis. The CNB is issuing a silver commemorative coin with the Zátopeks. The Polish central bank surprisingly left the base interest rate at 6.75 percent. The informal meeting of European finance ministers and governors continues in Prague. The Swiss Central Bank has ended the era of negative interest rates in Europe. Confederation of Industry: Companies need a unified European solution to the energy crisis. Three Americans have won the Nobel Prize in Economics for their research on banks and financial crises. Survey: The unavailability of raw materials affects 70 percent of Czech companies. Experts do not have much faith in the estimated yield of the tax on extraordinary profits. Inflation rose to 18 percent in September, and according to the Czech National Bank and analysts, it is approaching its peak. Inflation in Hungary rose to 15.6 percent, mainly due to rising food prices. The leader of the Italian League party wants 30 billion euros for companies due to expensive energy. The British central bank is starting temporarily unlimited purchases of government bonds. The British central bank has raised interest rates despite the expected economic recession. Austrian: If the EU finds an agreement, it may lead to calm in the energy markets. Inflation has exceeded market expectations, and analysts say it is close to peaking. King Charles III will appear on British banknotes by mid-2024. The Hungarian central bank has raised interest rates to 13 percent, a surprisingly large amount.

Stock exchanges: Analyst: The stock exchange price of gas has increased by 120 percent this year, precious metals have become cheaper. Expert: The price of gold has fallen sharply this week to an almost 2.5-year low.

Finance: Komerční banka shareholders will decide on the dividend from November 6 to 21. Association: The popularity of savings has fallen sharply in the third quarter. MF: European parliamentarians have approved the final version of the regulation on the regulation of cryptocurrencies. Swiss Credit Suisse is working on a possible capital increase, according to sources. ČSOB survey: There is still a lack of innovation in the Czech Republic. Credit Suisse shares are falling sharply, having already lost a record 60 percent this year. Sberbank administrator will negotiate the sale of loans exclusively with Česká spořitelna. Lebanese woman fined and banned from traveling for bank robbery. MF: MEPs have approved the final version of the regulation on the regulation of cryptocurrencies.