Shrinking GDP, non-committal Fed sink the US dollar

The US economy now meets the barest technical definition of a recession, and Federal Reserve hikes are now fully dependent on inflation and labour data meeting to meeting. This realisation brought down yields in the US sharply and they in turn knocked down the dollar against nearly every major currency worldwide, save the euro, which … Continued

Botanique Hotel Prague: Summer 20% Discount on Conference Spaces

BCC member Botanique Hotel Prague now offers a summer 20% discount on the rental of conference spaces. The hotel is located right next to the metro transfer station in the center of Prague. The hotel offers an ideal solution for small and medium-sized meetings for up to 160 participants and other corporate events. Besides our … Continued

Signs of US slowdown slam dollar, euro mixed on ECB hawkish surprise

Disappointing economic data out of the US brought yields down worldwide and removed any chance of a 100 basis point interest rate hike from the Federal Reserve this week. The surprise 50bp hike from the ECB had surprisingly little immediate impact on the common currency, which nevertheless joined in the general bounce back against the … Continued

US inflation surprise sends dollar soaring

The peak in US inflation has been getting pushed into the future for some time, and June was no exception. The unpleasant surprise sent the dollar soaring generally, but the euro put up a spirited defence of the psychologically important parity level and, after breaching it briefly, managed to end the week above it. Markets … Continued

Ebury: Weekly FX Market Update

Currencies in holding pattern ahead of fresh inflation data  G10 currencies ended the week not far from where they had started it, as the news calendar turned relatively light and investors digested central bank communications. The week’s winners were the Norwegian krone and the Swiss franc, the latter boosted by the aftereffects of the Swiss … Continued

Vodafone Foundation: Academy Against Domestic Violence, 15 June 2022

Vodafone Foundation CZ invites you to a workshop of the Academy Against Domestic Violence. The aim of this workshop is to motivate companies that, as employers, they can do a lot to solve the complex family situations of their employees and that it will pay off for them. This time the workshop will focus on … Continued

Screening of Plná 6 / Flat 6 for BCC members

The closer you are to death, the more you feel alive. Kamil Holán is currently one of the best Czech motorcycle racers on natural circuits. Although his material capabilities and background are far from the level of the world’s factory riders, he is able to compete with them on the world’s toughest roadracing tracks such … Continued

PwC: Company data governance under scrutiny

Did you know that, along with the latest development of EU legislation, efficient data governance becomes a legal requirement for artificial intelligence and a necessity for the implementation of new data sources? PwC invite you to a webinar with specialists in data management, AI, and automation tools. Along with guests, PwC will focus on the … Continued

Culture at The Fitzgerald for BCC members

Our member The Fitzgerald Hotel invites BCC members to attend a number of cultural events that they have planned for June 2022. If you would be interested in attending any event or show please contact reception@hotelfitzgerald.com or marketa.urbanova@hotelfitzgerald.com for more information or registration. See more