{"id":63984,"date":"2026-04-23T12:53:11","date_gmt":"2026-04-23T12:53:11","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/63984\/"},"modified":"2026-04-23T12:53:11","modified_gmt":"2026-04-23T12:53:11","slug":"evrope-se-nedari-navazat-na-americky-rust-podcenuje-trh-iransky-problem","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/63984\/","title":{"rendered":"Evrop\u011b se neda\u0159\u00ed nav\u00e1zat na americk\u00fd r\u016fst. Podce\u0148uje trh \u00edr\u00e1nsk\u00fd probl\u00e9m?"},"content":{"rendered":"

V\u010derej\u0161\u00ed obchodov\u00e1n\u00ed bylo pro americk\u00e9 trhy velmi \u00fasp\u011b\u0161n\u00e9, Asie ani Evropa se ale nep\u0159id\u00e1vaj\u00ed a b\u011bhem dne\u0161n\u00edho dopoledne naopak vykazuj\u00ed v\u011bt\u0161inou pokles. V Evrop\u011b ztr\u00e1c\u00ed index AEX p\u0159es procento, FTSE100 je dole o 0,7 pct, DAX<\/a> kles\u00e1 o 0,6 pct, ov\u0161em CAC40 m\u00edrn\u011b roste. Tak\u00e9 americk\u00e9 futures nazna\u010duj\u00ed ochlazen\u00ed sentimentu, kdy\u017e se nach\u00e1zej\u00ed asi p\u016fl procenta v \u010derven\u00e9m. Lehce stoupaj\u00ed v\u00fdnosy dluhopis\u016f, dolar<\/a> posiluje k euru<\/a> na hladinu 1,1700 a zlato<\/a> se op\u011bt vrac\u00ed n\u00ed\u017e k 4700 USD<\/a>.\u00a0<\/p>\n

Pot\u00e9, co p\u0159i\u0161el n\u00e1znak zlep\u0161en\u00ed situace na Bl\u00edzk\u00e9m v\u00fdchod\u011b, se spustila mohutn\u00e1 rally, ta\u017een\u00e1 zejm\u00e9na obnoven\u00fdm z\u00e1jmem o cokoli spojen\u00e9ho s AI. Pomohl \u00fasp\u011b\u0161n\u00fd start v\u00fdsledkov\u00e9 sez\u00f3ny a ani makrodata dohromady nebyla \u0161patn\u00e1. Jen\u017ee trh se mo\u017en\u00e1 p\u0159ehnan\u011b utvrdil v n\u00e1zoru, \u017ee \u00cdr\u00e1n u\u017e nen\u00ed a nebude probl\u00e9m; toto riziko ve skute\u010dnosti st\u00e1le existuje a v posledn\u00edch dnech o n\u011bco narostlo.\u00a0<\/p>\n

V\u00e1lka USA – \u00cdr\u00e1n ustrnula na mrtv\u00e9m bod\u011b. Sice neprob\u00edh\u00e1 masivn\u00ed bombardov\u00e1n\u00ed \u010di ost\u0159elov\u00e1n\u00ed raketami a drony, ale ani se nejedn\u00e1 o ukon\u010den\u00ed konfliktu. Hormuzsk\u00fd pr\u016fliv z\u016fst\u00e1v\u00e1 zav\u0159en\u00fd ze strany \u00cdr\u00e1nu i USA, respektive n\u011bkter\u00e9 zpr\u00e1vy hovo\u0159\u00ed o tom, \u017ee p\u0159es 30 \u00edr\u00e1nsk\u00fdch tanker\u016f ve skute\u010dnosti blok\u00e1dou proniklo. Drtiv\u00e1 v\u011bt\u0161ina provozu ka\u017edop\u00e1dn\u011b ustala a deficit na glob\u00e1ln\u00edm trhu s ropou a plynem trv\u00e1.\u00a0<\/p>\n

Znepokojiv\u00e9 jsou tak\u00e9 dal\u0161\u00ed v\u011bci. Ropa<\/a> s dod\u00e1vkou v \u010dervnu (tj. b\u011b\u017en\u011b ud\u00e1van\u00e1 aktu\u00e1ln\u00ed cena ropy) je v p\u0159\u00edpad\u011b Brentu op\u011bt nad 100 dolary (aktu\u00e1ln\u011b 104 USD). Okam\u017eit\u00e1 dod\u00e1vka se v\u0161ak obchoduje s pr\u00e9mi\u00ed n\u011bkolik des\u00edtek dolar\u016f<\/a>, zat\u00edmco historicky tento rozd\u00edl b\u00fdval velmi mal\u00fd. Je mo\u017en\u00e9, \u017ee term\u00ednov\u00fd trh p\u0159ece\u0148uje mo\u017enost rychl\u00e9ho obnoven\u00ed fyzick\u00fdch dod\u00e1vek, co\u017e hroz\u00ed p\u0159ed vypo\u0159\u00e1d\u00e1n\u00edm vyt\u00e1hnout ceny podstatn\u011b v\u00fd\u0161. P\u016fvodn\u011b vy\u010dlen\u011bn\u00e9 rezervy 400 Mb by p\u0159i zp\u016fsoben\u00e9m deficitu na stran\u011b nab\u00eddky m\u011bly vydr\u017eet cca 50 dn\u00ed, tak\u017ee se rychle bl\u00ed\u017e\u00edme konci, a asijsk\u00e9 zem\u011b u\u017e p\u0159itvrzuj\u00ed s opat\u0159en\u00edmi omezuj\u00edc\u00edmi spot\u0159ebu. Nav\u00edc export\u00e9\u0159i ropy<\/a> ze Z\u00e1livu se obracej\u00ed na USA se \u017e\u00e1dost\u00ed o swapovou dolarovou linku kv\u016fli v\u00fdpadku p\u0159\u00edjm\u016f.\u00a0<\/p>\n

St\u00e1le plat\u00ed, \u017ee s d\u00e9lkou uzav\u0159en\u00ed Hormuzu p\u0159ib\u00fdvaj\u00ed dal\u0161\u00ed a dal\u0161\u00ed probl\u00e9my spojen\u00e9 s omezen\u00edm nab\u00eddky energi\u00ed. Prezident Trump p\u0159itom v\u010derej\u0161\u00edm prodlou\u017een\u00edm p\u0159\u00edm\u011b\u0159\u00ed a v\u00fdzvou k n\u00e1vrhu dohody \u00cdr\u00e1nu p\u0159iznal d\u00edl\u010d\u00ed v\u00edt\u011bzstv\u00ed. Nyn\u00ed hroz\u00ed, \u017ee \u00cdr\u00e1n bude cht\u00edt v\u00edc, tj. bude hr\u00e1t zav\u0159en\u00fd Hormuz d\u00e1l s v\u011bdom\u00edm, \u017ee tlak na USA poroste. A t\u00edm p\u00e1dem by rostl tak\u00e9 tlak na trhy.<\/p>\n

\nP\u0159ehled kurz\u016f nejd\u016fle\u017eit\u011bj\u0161\u00edch m\u011bn dnes v 11:56 SE\u010c:\n<\/p>\n

CZK\/EUR
\n 24.3722
\n 0.1361
\n 24.3794
\n 24.3336<\/p>\n

CZK\/USD
\n 20.8370
\n 0.2357
\n 20.8435
\n 20.7790<\/p>\n

HUF\/EUR
\n 365.9279
\n 0.3948
\n 367.0021
\n 364.1410<\/p>\n

PLN\/EUR
\n 4.2500
\n 0.1431
\n 4.2538
\n 4.2428<\/p>\n

CNY\/EUR
\n 7.9935
\n -0.0116
\n 8.0013
\n 7.9836<\/p>\n

JPY\/EUR
\n 186.8050
\n 0.1058
\n 186.9782
\n 186.5570<\/p>\n

JPY\/USD
\n 159.7245
\n 0.1995
\n 159.7400
\n 159.2850<\/p>\n

GBP\/EUR
\n 0.8662
\n -0.0692
\n 0.8679
\n 0.8658<\/p>\n

CHF\/EUR
\n 0.9182
\n -0.0022
\n 0.9194
\n 0.9173<\/p>\n

NOK\/EUR
\n 10.9175
\n 0.2617
\n 10.9190
\n 10.8578<\/p>\n

SEK\/EUR
\n 10.8016
\n 0.1177
\n 10.8198
\n 10.7762<\/p>\n

USD\/EUR<\/a>
\n 1.1696
\n -0.0837
\n 1.1714
\n 1.1690<\/p>\n

AUD\/USD
\n 1.3990
\n 0.1683
\n 1.4014
\n 1.3953<\/p>\n

CAD\/USD
\n 1.3669
\n -0.0154
\n 1.3680
\n 1.3660<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"V\u010derej\u0161\u00ed obchodov\u00e1n\u00ed bylo pro americk\u00e9 trhy velmi \u00fasp\u011b\u0161n\u00e9, Asie ani Evropa se ale nep\u0159id\u00e1vaj\u00ed a b\u011bhem dne\u0161n\u00edho dopoledne…\n","protected":false},"author":2,"featured_media":63985,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[21891,109,108,106,20082,21893,21890,21889,21892,1721,8494,62],"class_list":{"0":"post-63984","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-evropa","8":"tag-americky","9":"tag-europa","10":"tag-europe","11":"tag-evropa","12":"tag-evrope","13":"tag-iransky","14":"tag-navazat","15":"tag-nedari","16":"tag-podcenuje","17":"tag-problem","18":"tag-rust","19":"tag-trh"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116454123355870127","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/63984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=63984"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/63984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/63985"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=63984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=63984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=63984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}