Čína zatvára banky, euro klesá, konkurzy rastú

SVET

• Saudi Aramco warns global oil reserve replenishment could take two years. CEO Amin Nasser stated even with Hormuz Strait reopening, restoring world oil supplies to normal levels may take up to two years. Oil flows from the region are increasing, and G7 decided to release strategic reserves.

EURÓPA

• Euro fell to its lowest level since May 2025, as investors sell French bonds. The euro weakened against the dollar to a nearly 1.5-year low due to investor concerns about French debt and deficit. Analysts disagree on whether the risk will spread to other markets.
• airBaltic plans to eliminate 500 to 700 jobs. The Latvian airline, seeking creditor protection in the US, plans job cuts in Riga, Vilnius and Tallinn. Flights should continue as planned, but unions received insufficient information about the change.

SLOVENSKO

• Slovakia saw 42 bankruptcies in September, the most since December 2023. Entities in bankruptcy owe the state almost 8.58 million euros. Higher taxes and levies worsened the business environment for several firms, leading to their demise.

ZLATO

• Deutsche Bank forecasts silver surplus in 2027. Deutsche Bank’s Head of Metals Research Daniel Ghali sees a potential silver surplus as early as 2027. Silver prices are up year-on-year, but down since the beginning of 2026, and investment demand will be key to its future development.
• Cambria targets Premier mill restart by late 2027, shares down 74 percent. Cambria Gold Mines plans to restart the Premier mill in British Columbia in the fourth quarter of 2027, dependent on studies, permits, and meeting zinc limits in the water treatment plant.

AKCIE

• Nasdaq hit a record despite rising bond yields and a weak labor market. US stocks closed higher, with the Nasdaq index reaching a new all-time high. A weak labor market and high ISM services price index, however, leave the market divided.
• Schneider Electric buys PTC for 22.6 billion USD, shares down over 9 percent. Schneider Electric is acquiring software company PTC for 205 USD per share in cash. PTC shares surged, while Schneider Electric shares in Paris fell by over 9 percent.

KRYPTO

• Metaplanet sold and repurchased 10,000 bitcoins, net cost is 25.2 billion yen. The Tokyo-listed company executed the transaction to demonstrate to rating agencies its ability to convert cryptocurrencies into cash. The bitcoin repurchase was approximately 9% more expensive.
• DeFi Development Corp. slowed Solana purchases. The company increased its Solana holdings to 2,564,212 SOL, but the weekly increase is about half that of the previous week.
• A 4chan prediction signals a Bitcoin bottom, but price remains 30% below peak. A 4chan user correctly predicted the Bitcoin peak of October 6, 2025, and according to the same pattern, the cycle bottom is today. Bitcoin is still 30 to 32 percent below its high, and Cowen analyst admits further decline is possible.

NEHNUTEĽNOSTI

• Average five-year fixed mortgage rate in Britain reached 6 percent, offers below 5 percent almost disappeared. The average five-year fixed mortgage rate in the UK reached 6.00 percent, the highest since September 2023. The availability of fixes below 5 percent shrank significantly from 1,494 to nine.

Translated from the Slovak original and checked automatically: every figure must match the source, or this version is not published.