CZECHIA: ANO Off'ls Discuss Plans Before Unveiling Policy Statement On Monday

• Headline 2.23% (2.2% MNI median ahead of national data, 2.04% prior)
• Core 2.35% (2.3% MNI median, 2.27% prior)
• Services 3.23% (3.2% MNI median, 3.1% prior)
• NEIG 0.78% (0.7% MNI median, 0.78% prior)
• FAT 3.04% (3.2% MNI median, 3.19% prior)
• Energy -0.4% (-0.4% MNI median, -1.97% prior)

SXXP (19th June) 430p, vs (18/12/26) 440p, bought the 2026 for 4.1 in ~9.25k.

WTI futures have pulled back from their recent gains. The contract has recently breached $65.43, the Sep 2 high and this has potentially improved the S/T condition for bulls. However, the next key resistance is at $68.43, the Jul 30 high, where a break is required to signal scope for a stronger recovery. For bears, a clear reversal lower would refocus attention on key support at $60.85, the Aug 13 low. A break of this level would reinstate the downtrend. The trend condition in Gold is unchanged and a bull cycle remains in play. The yellow metal has traded to a fresh cycle high this week, confirming a resumption of the primary uptrend. Note that moving average studies are in a bull-mode position, highlighting a dominant uptrend. Sights are on $3909.4, a Fibonacci projection. On the downside, support to watch lies at $3646.3, the 20-day EMA. A pullback would be considered corrective.

• WTI Crude down $0.17 or -0.27% at $62.2
• Natural Gas up $0.07 or +2.18% at $3.375
• Gold spot up $33.96 or +0.88% at $3893.53
• Copper up $0.35 or +0.07% at $485.8
• Silver up $0.73 or +1.57% at $47.38
• Platinum up $16.35 or +1.04% at $1593.46