EUR/CZK deals at 25.330, little changed on the day, outperforming its CE3 peers. Bullish focus falls on Aug 1 high of 25.535, while bears set their sights on the 50-DMA at 25.202.

• The CNB will announce its monetary policy decision on Thursday and is expected to cut interest rates by 25bp. Click here to see our comprehensive preview of the decision.
• Spillover from core markets will play an outsized role this week, with the outcome of US presidential election seen as having significant implications for regional geopolitics, apart from its broader market impact.
• CZGB yields are higher across the curve, with 3s underperforming. The PX Index refreshed cyclical highs and last sits 0.5% above the previous close.