{"id":28820,"date":"2023-05-26T07:07:53","date_gmt":"2023-05-26T05:07:53","guid":{"rendered":"http:\/\/www.infokuryr.cz\/n\/?p=28820"},"modified":"2023-05-26T07:07:53","modified_gmt":"2023-05-26T05:07:53","slug":"americky-dolar-dalsi-bolest-hlavy-pro-evropu","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2023\/05\/26\/americky-dolar-dalsi-bolest-hlavy-pro-evropu\/","title":{"rendered":"Americk\u00fd dolar, dal\u0161\u00ed bolest hlavy pro Evropu"},"content":{"rendered":"
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Za fas\u00e1dou vrcholn\u00fdch zisk\u016f evropsk\u00fdch spole\u010dnost\u00ed se za\u010d\u00ednaj\u00ed objevovat trhliny, proto\u017ee export\u00e9\u0159i poci\u0165uj\u00ed negativn\u00ed dopad rostouc\u00edho region\u00e1ln\u00edho sm\u011bnn\u00e9ho kurzu v\u016f\u010di americk\u00e9mu dolaru.<\/strong><\/span><\/p>\n

O\u010dek\u00e1v\u00e1 se, \u017ee euro, \u0161v\u00fdcarsk\u00fd frank a britsk\u00e1 libra budou v\u016f\u010di americk\u00e9 m\u011bn\u011b nad\u00e1le posilovat, co\u017e by mohlo p\u0159edstavovat probl\u00e9m pro akciov\u00fd index Stoxx 600, kter\u00fd poch\u00e1z\u00ed t\u00e9m\u011b\u0159 t\u0159etinu sv\u00fdch tr\u017eeb ze Severn\u00ed Ameriky, podle zpr\u00e1v z \u00fadaj\u016f sestaven\u00fdch spole\u010dnost\u00ed Bloomberg.<\/span><\/p>\n

Dopad zat\u00edm nen\u00ed pln\u011b viditeln\u00fd \u2013 navzdory 13% n\u00e1r\u016fstu eura v\u016f\u010di dolaru od jeho z\u00e1\u0159ijov\u00e9ho minima v\u011bt\u0161ina spole\u010dnost\u00ed Stoxx p\u0159ekonala odhady zisk\u016f za prvn\u00ed \u010dtvrtlet\u00ed.\u00a0P\u0159i bli\u017e\u0161\u00edm zkoum\u00e1n\u00ed je v\u0161ak z\u0159ejm\u00e9, \u017ee mnoho spole\u010dnost\u00ed, zejm\u00e9na velk\u00e9 exportn\u00ed skupiny jako Bayer a Roche, trp\u00ed kriz\u00ed.<\/span><\/p>\n

Tento trend by se mohl v nadch\u00e1zej\u00edc\u00edch m\u011bs\u00edc\u00edch je\u0161t\u011b v\u00edce roz\u0161\u00ed\u0159it, proto\u017ee \u010d\u00ednsk\u00e9 znovuotev\u0159en\u00ed po Covidu, dosud siln\u00fd r\u016fst Evropy a sklouznut\u00ed USA do recese poskytuj\u00ed podporu.<\/span><\/p>\n

\u201eEkonomick\u00e1 s\u00edla zamaskovala dopad zhodnocov\u00e1n\u00ed eura,“ \u0159ekla Sharon Bell, hlavn\u00ed evropsk\u00fd akciov\u00fd strat\u00e9g Goldman Sachs. \u201eO\u010dek\u00e1v\u00e1me, \u017ee dopad bude znateln\u011bj\u0161\u00ed ve druh\u00e9m a t\u0159et\u00edm \u010dtvrtlet\u00ed.“\u00a0Bell \u0159\u00edk\u00e1, \u017ee 10% n\u00e1r\u016fst eura obvykle sni\u017euje r\u016fst zisku na akcii evropsk\u00fdch spole\u010dnost\u00ed o 2 a\u017e 3 %.<\/span><\/p>\n

N\u011bkte\u0159\u00ed ekonomov\u00e9 o\u010dek\u00e1vaj\u00ed, \u017ee euro do konce roku dos\u00e1hne 1,20 USD, zat\u00edmco britsk\u00e1 libra a \u0161v\u00fdcarsk\u00fd frank by m\u011bly v\u016f\u010di dolaru tak\u00e9 posilovat.\u00a0Anal\u00fdza hovor\u016f gener\u00e1ln\u00edch \u0159editel\u016f proveden\u00e1 spole\u010dnost\u00ed Barclays uk\u00e1zala, \u017ee m\u00e9n\u011b ne\u017e 40 % spole\u010dnost\u00ed m\u00e1 pozitivn\u00ed n\u00e1zor na sm\u011bnn\u00fd kurz, ve srovn\u00e1n\u00ed s v\u00edce ne\u017e 60 % ve t\u0159et\u00edm \u010dtvrtlet\u00ed roku 2022.<\/span><\/p>\n

Dvouse\u010dn\u00fd me\u010d<\/strong><\/span><\/p>\n

Evropsk\u00e9 spole\u010dnosti v odv\u011btv\u00edch telekomunikac\u00ed, zdravotnictv\u00ed, m\u00e9di\u00ed a spot\u0159ebn\u00edho zbo\u017e\u00ed generuj\u00ed v\u011bt\u0161inu sv\u00fdch p\u0159\u00edjm\u016f v Severn\u00ed Americe.\u00a0Siln\u00e9 m\u011bny jsou pro n\u011b dvojse\u010dn\u00e1 zbra\u0148.\u00a0Pom\u00e1haj\u00ed omezovat importovanou inflaci, co\u017e je kl\u00ed\u010dov\u00e9 v dob\u011b, kdy trp\u00ed vysok\u00fdmi vstupn\u00edmi n\u00e1klady.\u00a0Mohou v\u0161ak zbo\u017e\u00ed prodra\u017eit pro kupuj\u00edc\u00ed v jin\u00fdch zem\u00edch a znamenat, \u017ee zahrani\u010dn\u00ed v\u00fdd\u011blky maj\u00ed p\u0159i p\u0159epo\u010dtu na m\u00edstn\u00ed m\u011bnu ni\u017e\u0161\u00ed hodnotu.<\/span><\/p>\n

N\u011bmeck\u00fd farmaceutick\u00fd gigant Bayer nap\u0159\u00edklad varoval p\u0159ed kolapsem sm\u011bnn\u00e9ho kurzu ve v\u00fd\u0161i 1,7 miliardy EUR (2,5 miliardy USD) v roce 2023, co\u017e znamen\u00e1, \u017ee celoro\u010dn\u00ed tr\u017eby budou pravd\u011bpodobn\u011b na spodn\u00ed hranici p\u0159edchoz\u00edch rozp\u011bt\u00ed progn\u00f3z.<\/span><\/p>\n

Ve \u0161v\u00fdcarsk\u00e9 spole\u010dnosti Roche, kter\u00e1 z\u00edsk\u00e1v\u00e1 polovinu sv\u00fdch tr\u017eeb na americk\u00e9m trhu, \u0159ekl finan\u010dn\u00ed \u0159editel Alan Hippe za prvn\u00ed \u010dtvrtlet\u00ed tr\u017eby v konstantn\u00edch m\u011bn\u00e1ch o 3 %.\u00a0S p\u0159ihl\u00e9dnut\u00edm ke kol\u00eds\u00e1n\u00ed sm\u011bnn\u00e9ho kurzu v\u0161ak pokles \u010dinil 7 %.<\/span><\/p>\n

Dal\u0161\u00edm p\u0159\u00edkladem je nizozemsk\u00fd prodejce Koninklijke Ahold Delhaize.\u00a0Vzhledem k tomu, \u017ee 60 % tr\u017eeb poch\u00e1z\u00ed ze Severn\u00ed Ameriky, finan\u010dn\u00ed \u0159editelka Natalie Knight nep\u0159edpokl\u00e1d\u00e1 r\u016fst zisk\u016f a jako d\u016fvod uv\u00e1d\u00ed americk\u00fd dolar.<\/span><\/p>\n

Zat\u00edmco evrop\u0161t\u00ed mana\u017ee\u0159i zva\u017euj\u00ed d\u016fsledky, ameri\u010dt\u00ed investo\u0159i jsou nad\u0161eni dodate\u010dn\u00fdm ziskem, kter\u00fd mohou z\u00edskat z p\u0159evodu m\u011bn.\u00a0Vanguard’s FTSE Europe ETF, nejv\u011bt\u0161\u00ed nezaji\u0161t\u011bn\u00fd americk\u00fd fond, kter\u00fd se zam\u011b\u0159uje na evropsk\u00e9 akcie, letos vyd\u011blal v\u00edce ne\u017e 19 miliard dolar\u016f, proto\u017ee investo\u0159i nakupovali akcie z regionu.<\/span><\/p>\n

Jin\u00ed analytici o\u010dek\u00e1vaj\u00ed, \u017ee euro v p\u0159\u00ed\u0161t\u00edch n\u011bkolika letech vzroste na 1,20 a\u017e 1,30 dolaru, ale neo\u010dek\u00e1vaj\u00ed \u017e\u00e1dn\u00fd v\u00fdznamn\u00fd dopad na zisky evropsk\u00fdch spole\u010dnost\u00ed v bl\u00edzk\u00e9 budoucnosti.<\/span><\/p>\n<\/div>\n<\/div>\n

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ZDROJ<\/a><\/span><\/h3>\n<\/div>\n<\/div>\n

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Za fas\u00e1dou vrcholn\u00fdch zisk\u016f evropsk\u00fdch spole\u010dnost\u00ed se za\u010d\u00ednaj\u00ed objevovat trhliny, proto\u017ee export\u00e9\u0159i poci\u0165uj\u00ed negativn\u00ed dopad…<\/p>\n","protected":false},"author":2,"featured_media":28821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[1324,2150,683,371],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/28820"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=28820"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/28820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/28821"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=28820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=28820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=28820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}