Likvidita

Akcie dlouhodobě rostou tam, kam přitékají volné peníze. Tahle stránka sleduje, jestli se ve finančním systému hotovost hromadí, nebo z něj mizí – od rezerv bank u Fedu přes růst peněžní zásoby proti inflaci až po „suchý prach“ zaparkovaný ve fondech peněžního trhu. Žádný z ukazatelů není obchodní signál; dohromady ale říkají, jestli trhu fouká do plachet.

Čistá likvidita ve finančním systému USA (bil. USD) Bilance Fedu minus účet ministerstva financí (TGA) a reverzní repo (ON RRP), týdně. Peníze v TGA a RRP jsou z trhu odčerpané – čára ukazuje skutečně volné rezervy. Čárkovaně celková bilance Fedu pro srovnání.
Zobrazit data v tabulce
DatumČistá likviditaBilance Fedu celkem
2024-01-03 6.27.68
2024-01-10 6.267.69
2024-01-17 6.337.67
2024-01-24 6.247.68
2024-01-31 6.177.63
2024-02-07 6.287.63
2024-02-14 6.227.63
2024-02-21 6.227.58
2024-02-28 6.217.57
2024-03-06 6.317.54
2024-03-13 6.257.54
2024-03-20 6.217.51
2024-03-27 6.167.48
2024-04-03 6.237.44
2024-04-10 6.297.44
2024-04-17 6.177.41
2024-04-24 6.027.4
2024-05-01 6.017.36
2024-05-08 6.017.35
2024-05-15 6.077.3
2024-05-22 6.087.3
2024-05-29 6.127.28
2024-06-05 6.177.26
2024-06-12 6.147.26
2024-06-19 6.157.25
2024-06-26 5.987.23
2024-07-03 6.037.22
2024-07-10 6.077.22
2024-07-17 6.067.21
2024-07-24 6.037.21
2024-07-31 5.987.18
2024-08-07 6.127.18
2024-08-14 6.067.18
2024-08-21 6.087.14
2024-08-28 5.997.12
2024-09-04 6.047.11
2024-09-11 6.087.12
2024-09-18 6.037.11
2024-09-25 5.867.08
2024-10-02 5.877.05
2024-10-09 5.97.05
2024-10-16 5.987.04
2024-10-23 5.937.03
2024-10-30 5.957.01
2024-11-06 5.976.99
2024-11-13 5.96.97
2024-11-20 5.956.92
2024-11-27 5.966.91
2024-12-04 5.946.9
2024-12-11 5.946.9
2024-12-18 5.996.89
2024-12-25 5.946.89
2025-01-01 5.666.85
2025-01-08 6.026.85
2025-01-15 6.076.83
2025-01-22 6.036.83
2025-01-29 5.916.82
2025-02-05 5.936.81
2025-02-12 5.926.81
2025-02-19 5.926.78
2025-02-26 5.966.77
2025-03-05 6.076.76
2025-03-12 6.126.76
2025-03-19 6.136.76
2025-03-26 6.146.74
2025-04-02 6.186.72
2025-04-09 6.256.73
2025-04-16 6.256.73
2025-04-23 5.956.73
2025-04-30 5.866.71
2025-05-07 5.976.71
2025-05-14 5.976.71
2025-05-21 6.026.69
2025-05-28 6.036.67
2025-06-04 6.136.67
2025-06-11 6.146.68
2025-06-18 6.146.68
2025-06-25 6.096.66
2025-07-02 6.066.66
2025-07-09 6.116.66
2025-07-16 6.176.66
2025-07-23 6.146.66
2025-07-30 6.126.64
2025-08-06 6.136.64
2025-08-13 6.086.64
2025-08-20 6.066.62
2025-08-27 5.986.6
2025-09-03 5.996.6
2025-09-10 5.96.61
2025-09-17 5.846.61
2025-09-24 5.776.61
2025-10-01 5.776.59
2025-10-08 5.786.59
2025-10-15 5.786.6
2025-10-22 5.686.59
2025-10-29 5.616.59
2025-11-05 5.626.57
2025-11-12 5.626.58
2025-11-19 5.616.56
2025-11-26 5.656.55
2025-12-03 5.66.54
2025-12-10 5.686.54
2025-12-17 5.716.56
2025-12-24 5.746.58
2025-12-31 5.76.64
2026-01-07 5.776.57
2026-01-14 5.86.58
2026-01-21 5.716.58
2026-01-28 5.666.59
2026-02-04 5.696.61
2026-02-11 5.716.62
2026-02-18 5.76.61
2026-02-25 5.736.61
2026-03-04 5.86.63
2026-03-11 5.816.65
2026-03-18 5.86.66
2026-03-25 5.786.66
2026-04-01 5.836.68
2026-04-08 5.956.69
2026-04-15 5.956.71
2026-04-22 5.76.71
2026-04-29 5.726.7
2026-05-06 5.836.71
2026-05-13 5.896.73
2026-05-20 5.916.71
2026-05-27 5.876.7
2026-06-03 5.836.71
2026-06-10 5.96.73
2026-06-17 5.856.74
2026-06-24 5.816.74
2026-07-01 5.846.72
2026-07-08 5.966.74
2026-07-15 5.996.74
2026-07-22 5.926.75
2026-07-29 5.826.74
2026-08-05 5.846.75
2026-08-12 5.86.76
2026-08-19 5.796.75
2026-08-26 5.786.73
2026-09-02 5.776.74
USA: růst peněz vs inflace (meziročně, %) Roste-li peněžní zásoba M2 rychleji než spotřebitelské ceny (plná čára nad čárkovanou), reálné likvidity přibývá a přebytek historicky teče do finančních aktiv. Opačná situace (2022) likviditu z trhu vysává.
Zobrazit data v tabulce
DatumPeněžní zásoba M2 (meziročně)Inflace CPI (meziročně)
2024-01-01 -2.063.09
2024-02-01 -1.53.16
2024-03-01 0.113.49
2024-04-01 0.953.36
2024-05-01 0.923.24
2024-06-01 1.312.97
2024-07-01 1.472.94
2024-08-01 1.972.61
2024-09-01 2.512.43
2024-10-01 2.892.58
2024-11-01 3.42.72
2024-12-01 3.412.87
2025-01-01 3.382.99
2025-02-01 3.282.8
2025-03-01 3.432.38
2025-04-01 3.892.33
2025-05-01 3.872.38
2025-06-01 4.142.68
2025-07-01 4.392.74
2025-08-01 4.252.94
2025-09-01 4.233.02
2025-11-01 3.852.7
2025-12-01 4.042.65
2026-01-01 4.062.39
2026-02-01 4.592.43
2026-03-01 4.413.29
2026-04-01 4.533.78
2026-05-01 5.394.17
2026-06-01 5.343.46
2026-07-01 5.413.3
Eurozóna: růst peněz vs inflace (meziročně, %) Totéž pro eurozónu: peněžní zásoba M3 vs inflace HICP. Evropská a americká likvidita se občas rozejdou – pak se rozcházejí i trhy.
Zobrazit data v tabulce
DatumPeněžní zásoba M3 (meziročně)Inflace HICP (meziročně)
2024-01-01 0.122.8
2024-02-01 0.322.6
2024-03-01 0.842.4
2024-04-01 1.432.4
2024-05-01 1.52.6
2024-06-01 2.42.5
2024-07-01 2.552.6
2024-08-01 3.222.2
2024-09-01 3.471.7
2024-10-01 3.742
2024-11-01 4.292.2
2024-12-01 4.132.4
2025-01-01 4.172.5
2025-02-01 4.412.3
2025-03-01 4.092.2
2025-04-01 4.152.2
2025-05-01 4.161.9
2025-06-01 3.452
2025-07-01 3.412
2025-08-01 2.822
2025-09-01 2.682.2
2025-10-01 3.022.1
2025-11-01 2.912.1
2025-12-01 2.62
2026-01-01 3.23
2026-02-01 3.02
2026-03-01 3.63
2026-04-01 3.35
2026-05-01 3.59
2026-06-01 4.04
2026-07-01 4.05
Kde se hromadí hotovost (meziroční růst, %) Vklady v amerických bankách (celá ekonomika) a retailové fondy peněžního trhu (hotovost investorů „na parkovišti“). Zrychlující růst obou = hotovost se hromadí; jejich rozestup ukazuje rotaci mezi bankou a brokerem.
Zobrazit data v tabulce
DatumVklady v bankách (meziročně)Retail fondy peněžního trhu (meziročně)
2024-01-01 -1.1836.19
2024-02-01 -134.05
2024-03-01 1.9930.8
2024-04-01 2.0128.09
2024-05-01 1.2725.38
2024-06-01 1.6723.87
2024-07-01 2.0522.82
2024-08-01 2.221.18
2024-09-01 2.2520.29
2024-10-01 3.0219.43
2024-11-01 3.3318.52
2024-12-01 2.5417.99
2025-01-01 2.3117.41
2025-02-01 2.7417.22
2025-03-01 2.6318.31
2025-04-01 3.1217.54
2025-05-01 3.4716.96
2025-06-01 3.7816.69
2025-07-01 3.5616.44
2025-08-01 3.9816.21
2025-09-01 3.8415.52
2025-10-01 3.3514.5
2025-11-01 3.6913.75
2025-12-01 3.9613.37
2026-01-01 4.1912.25
2026-02-01 4.8610.69
2026-03-01 5.28.85
2026-04-01 5.68.17
2026-05-01 6.417.82
2026-06-01 6.227.11
2026-07-01 5.96.1
Trh vs peněžní zásoba: S&P 500 / M2 (index, od 2015) Jak daleko utekl trh svému peněžnímu krytí. Poměr vysoko nad pětiletým průměrem (čárkovaně) znamená, že růst stojí na vyšších valuacích, ne na nových penězích – trh je pak citlivější na výpadek likvidity.
Zobrazit data v tabulce
DatumS&P 500 / M2 (index)Pětiletý průměr poměru
2015-01-01 129.2116.6
2015-02-01 135117
2015-03-01 132.7117.4
2015-04-01 133.4117.8
2015-05-01 134.5118.1
2015-06-01 131.3118.4
2015-07-01 133.4118.8
2015-08-01 124.6118.9
2015-09-01 120.6118.9
2015-10-01 130.1119.2
2015-11-01 129.1119.4
2015-12-01 126.1119.5
2016-01-01 118.5119.5
2016-02-01 117.3119.4
2016-03-01 124.4119.5
2016-04-01 124119.6
2016-05-01 125.3119.7
2016-06-01 124.9119.8
2016-07-01 128.8119.9
2016-08-01 127.9120.1
2016-09-01 127.1120.2
2016-10-01 123.9120.6
2016-11-01 127.3121.1
2016-12-01 129.3121.6
2017-01-01 130.9122
2017-02-01 135122.5
2017-03-01 134.2122.9
2017-04-01 134.9123.4
2017-05-01 136124
2017-06-01 136.5124.5
2017-07-01 138.5125.1
2017-08-01 138125.6
2017-09-01 140.2126.1
2017-10-01 142.7126.8
2017-11-01 146.2127.5
2017-12-01 147.3128.2
2018-01-01 155.4129
2018-02-01 148.8129.6
2018-03-01 144.1130.1
2018-04-01 144.3130.6
2018-05-01 146.8131.1
2018-06-01 147.1131.6
2018-07-01 152132.2
2018-08-01 156.1132.8
2018-09-01 156.5133.5
2018-10-01 145.5133.9
2018-11-01 147.8134.2
2018-12-01 133.2134.3
2019-01-01 143134.7
2019-02-01 146.8135
2019-03-01 148.9135.4
2019-04-01 154.4135.8
2019-05-01 143.2136
2019-06-01 152136.4
2019-07-01 153.2136.8
2019-08-01 149.5137
2019-09-01 151.3137.4
2019-10-01 153137.7
2019-11-01 157138.1
2019-12-01 161138.5
2020-01-01 159.9139
2020-02-01 145.8139.2
2020-03-01 123.3139
2020-04-01 130.5139
2020-05-01 129.9138.9
2020-06-01 130.4138.9
2020-07-01 136.5138.9
2020-08-01 145.4139.3
2020-09-01 138.3139.6
2020-10-01 133.3139.6
2020-11-01 145.8139.9
2020-12-01 150.3140.3
2021-01-01 146.6140.8
2021-02-01 148.4141.3
2021-03-01 152.9141.8
2021-04-01 158.5142.4
2021-05-01 157.2142.9
2021-06-01 160.6143.5
2021-07-01 163144.1
2021-08-01 166144.7
2021-09-01 157145.2
2021-10-01 166.4145.9
2021-11-01 163.7146.5
2021-12-01 169.5147.2
2022-01-01 159.5147.7
2022-02-01 154148
2022-03-01 159148.4
2022-04-01 145.2148.6
2022-05-01 145.5148.7
2022-06-01 133.8148.7
2022-07-01 145.9148.8
2022-08-01 139.8148.8
2022-09-01 127.3148.6
2022-10-01 138148.5
2022-11-01 145.8148.5
2022-12-01 137.9148.4
2023-01-01 146.6148.2
2023-02-01 143148.1
2023-03-01 150.1148.2
2023-04-01 153.6148.4
2023-05-01 153.5148.5
2023-06-01 163.7148.8
2023-07-01 168.8149
2023-08-01 165.9149.2
2023-09-01 158149.2
2023-10-01 154.7149.4
2023-11-01 168.4149.7
2023-12-01 175.6150.4
2024-01-01 177.9151
2024-02-01 186.3151.7
2024-03-01 191.7152.4
2024-04-01 183.8152.9
2024-05-01 192153.7
2024-06-01 198.2154.5
2024-07-01 200.2155.2
2024-08-01 203.9156.2
2024-09-01 207.2157.1
2024-10-01 204.5157.9
2024-11-01 215.1158.9
2024-12-01 209.4159.7
2025-01-01 214.5160.6
2025-02-01 210.8161.7
2025-03-01 198163
2025-04-01 195.7164
2025-05-01 207.1165.3
2025-06-01 216.3166.8
2025-07-01 220.1168.2
2025-08-01 223.7169.5
2025-09-01 230.7171
2025-10-01 235.1172.7
2025-11-01 235.1174.2
2025-12-01 234.2175.6
2026-01-01 236.8177.1
2026-02-01 232.8178.5
2026-03-01 220.6179.6
2026-04-01 242.3181
2026-05-01 251.9182.6
2026-06-01 248.2184.1
2026-07-01 246.7185.4
Dolar jako globální likvidita (DXY) Většina světového financování běží v dolarech: silný dolar = utažené podmínky pro zbytek světa (tlak na rozvíjející se trhy), slabý dolar = uvolněné. Čárkovaně 52týdenní průměr.
Zobrazit data v tabulce
DatumDolarový index (DXY)52týdenní průměr
2024-01-01 102.41103.4
2024-01-08 102.4103.4
2024-01-15 103.29103.43
2024-01-22 103.47103.46
2024-01-29 103.92103.48
2024-02-05 104.08103.48
2024-02-12 104.28103.49
2024-02-19 103.94103.47
2024-02-26 103.86103.45
2024-03-04 102.74103.42
2024-03-11 103.43103.41
2024-03-18 104.43103.44
2024-03-25 104.55103.48
2024-04-01 104.3103.52
2024-04-08 106.04103.61
2024-04-15 106.15103.69
2024-04-22 105.94103.77
2024-04-29 105.03103.85
2024-05-06 105.31103.9
2024-05-13 104.45103.92
2024-05-20 104.72103.93
2024-05-27 104.67103.94
2024-06-03 104.89103.97
2024-06-10 105.55104.03
2024-06-17 105.8104.09
2024-06-24 105.87104.14
2024-07-01 104.88104.19
2024-07-08 104.09104.27
2024-07-15 104.4104.34
2024-07-22 104.32104.39
2024-07-29 103.21104.41
2024-08-05 103.14104.42
2024-08-12 102.46104.4
2024-08-19 100.72104.34
2024-08-26 101.7104.29
2024-09-02 101.18104.21
2024-09-09 101.11104.13
2024-09-16 100.72104.04
2024-09-23 100.42103.93
2024-09-30 102.52103.86
2024-10-07 102.89103.79
2024-10-14 103.49103.74
2024-10-21 104.26103.69
2024-10-28 104.28103.68
2024-11-04 105103.66
2024-11-11 106.69103.72
2024-11-18 107.49103.8
2024-11-25 105.74103.84
2024-12-02 105.97103.88
2024-12-09 107103.97
2024-12-16 107.62104.08
2024-12-23 108104.21
2024-12-30 108.95104.33
2025-01-06 109.65104.47
2025-01-13 109.35104.59
2025-01-20 107.44104.67
2025-01-27 108.37104.75
2025-02-03 108.04104.83
2025-02-10 106.57104.87
2025-02-17 106.61104.92
2025-02-24 107.61105
2025-03-03 103.84105.02
2025-03-10 103.72105.02
2025-03-17 104.09105.02
2025-03-24 104.04105.01
2025-03-31 103.02104.98
2025-04-07 99.78104.86
2025-04-14 99.23104.73
2025-04-21 99.47104.6
2025-04-28 100104.51
2025-05-05 100.34104.41
2025-05-12 101.09104.35
2025-05-19 99.11104.24
2025-05-26 99.33104.14
2025-06-02 99.19104.03
2025-06-09 98.18103.88
2025-06-16 98.71103.75
2025-06-23 97.4103.59
2025-06-30 97.18103.44
2025-07-07 97.85103.32
2025-07-14 98.48103.2
2025-07-21 97.65103.07
2025-07-28 98.69102.99
2025-08-04 98.18102.89
2025-08-11 97.85102.8
2025-08-18 97.72102.75
2025-08-25 97.77102.67
2025-09-01 97.77102.61
2025-09-08 97.55102.54
2025-09-15 97.64102.48
2025-09-22 98.15102.43
2025-09-29 97.72102.34
2025-10-06 98.98102.27
2025-10-13 98.43102.17
2025-10-20 98.95102.07
2025-10-27 99.8101.98
2025-11-03 99.6101.88
2025-11-10 99.27101.73
2025-11-17 100.18101.59
2025-11-24 99.46101.47
2025-12-01 98.99101.34
2025-12-08 98.4101.17
2025-12-15 98.6101
2025-12-22 98.02100.81
2025-12-29 98.42100.61
2026-01-05 99.13100.4
2026-01-12 99.39100.21
2026-01-19 97.6100.02
2026-01-26 96.9999.8
2026-02-02 97.6399.6
2026-02-09 96.8899.42
2026-02-16 97.899.25
2026-02-23 97.6199.06
2026-03-02 98.9998.96
2026-03-09 100.3698.9
2026-03-16 99.6598.81
2026-03-23 100.1598.74
2026-03-30 100.0398.68
2026-04-06 98.6598.66
2026-04-13 98.198.64
2026-04-20 98.5198.62
2026-04-27 98.2198.58
2026-05-04 97.8498.54
2026-05-11 99.2798.5
2026-05-18 99.3298.5
2026-05-25 98.9198.5
2026-06-01 100.0798.51
2026-06-08 99.7598.54
2026-06-15 100.8598.58
2026-06-22 101.3698.66
2026-06-29 100.8698.73
2026-07-06 100.9798.79
2026-07-13 100.7598.84
2026-07-20 101.4798.91
2026-07-27 99.898.93
2026-08-03 99.698.96
2026-08-10 99.6798.99
2026-08-17 98.899.01
2026-08-24 99.799.05
2026-08-31 99.1699.08
2026-09-04 99.1699.11

Úrokové sazby: cena peněz

Sazby jsou druhá strana likvidity – neurčují, kolik peněz v systému je, ale kolik stojí. Dvouletý výnos říká, co trh čeká od Fedu; desetiletý je diskontní sazba pro akcie: čím vyšší, tím míň jsou dnes hodné budoucí zisky – a tím hůř se dýchá růstovým a momentum akciím s dlouhou durací.

Výnosy amerických dluhopisů: 2 roky vs 10 let (%) 2letý výnos kopíruje očekávané sazby Fedu, 10letý v sobě nese i růst a inflační prémii. FRED, týdenní průměry denních dat.
Zobrazit data v tabulce
Datum10letý výnos USA2letý výnos USA
2024-01-01 3.984.36
2024-01-08 44.3
2024-01-15 4.124.32
2024-01-22 4.144.33
2024-01-29 4.014.3
2024-02-05 4.134.44
2024-02-12 4.264.57
2024-02-19 4.294.65
2024-02-26 4.264.64
2024-03-04 4.134.54
2024-03-11 4.214.62
2024-03-18 4.284.64
2024-03-25 4.224.56
2024-04-01 4.354.7
2024-04-08 4.484.86
2024-04-15 4.634.96
2024-04-22 4.654.93
2024-04-29 4.614.93
2024-05-06 4.484.83
2024-05-13 4.424.8
2024-05-20 4.444.87
2024-05-27 4.554.93
2024-06-03 4.354.78
2024-06-10 4.324.76
2024-06-17 4.254.71
2024-06-24 4.294.7
2024-07-01 4.394.71
2024-07-08 4.254.56
2024-07-15 4.24.45
2024-07-22 4.254.41
2024-07-29 4.044.21
2024-08-05 3.913.99
2024-08-12 3.884
2024-08-19 3.833.97
2024-08-26 3.853.87
2024-09-02 3.773.76
2024-09-09 3.673.62
2024-09-16 3.693.58
2024-09-23 3.763.55
2024-09-30 3.833.71
2024-10-07 4.063.98
2024-10-14 4.053.95
2024-10-21 4.224.06
2024-10-28 4.34.15
2024-11-04 4.324.22
2024-11-11 4.434.31
2024-11-18 4.414.32
2024-11-25 4.254.19
2024-12-02 4.194.14
2024-12-09 4.284.17
2024-12-16 4.484.29
2024-12-23 4.594.3
2024-12-30 4.584.25
2025-01-06 4.684.31
2025-01-13 4.694.31
2025-01-20 4.614.29
2025-01-27 4.554.19
2025-02-03 4.494.23
2025-02-10 4.534.3
2025-02-17 4.54.26
2025-02-24 4.34.06
2025-03-03 4.253.97
2025-03-10 4.283.96
2025-03-17 4.274
2025-03-24 4.333.97
2025-03-31 4.133.81
2025-04-07 4.333.83
2025-04-14 4.343.81
2025-04-21 4.373.77
2025-04-28 4.233.69
2025-05-05 4.333.83
2025-05-12 4.474
2025-05-19 4.513.99
2025-05-26 4.433.92
2025-06-02 4.443.95
2025-06-09 4.433.96
2025-06-16 4.43.94
2025-06-23 4.33.75
2025-06-30 4.293.79
2025-07-07 4.393.88
2025-07-14 4.463.9
2025-07-21 4.393.88
2025-07-28 4.353.87
2025-08-04 4.233.72
2025-08-11 4.283.73
2025-08-18 4.33.75
2025-08-25 4.253.63
2025-09-01 4.193.59
2025-09-08 4.053.53
2025-09-15 4.083.54
2025-09-22 4.163.6
2025-09-29 4.133.58
2025-10-06 4.133.57
2025-10-13 4.023.46
2025-10-20 43.46
2025-10-27 4.063.55
2025-11-03 4.123.59
2025-11-10 4.123.58
2025-11-17 4.113.56
2025-11-24 4.023.45
2025-12-01 4.13.52
2025-12-08 4.163.55
2025-12-15 4.153.48
2025-12-22 4.163.46
2025-12-29 4.163.46
2026-01-05 4.173.49
2026-01-12 4.193.55
2026-01-19 4.263.6
2026-01-26 4.243.54
2026-02-02 4.263.54
2026-02-09 4.143.46
2026-02-16 4.083.46
2026-02-23 4.023.42
2026-03-02 4.13.53
2026-03-09 4.213.65
2026-03-16 4.273.76
2026-03-23 4.383.88
2026-03-30 4.333.81
2026-04-06 4.313.81
2026-04-13 4.293.76
2026-04-20 4.33.78
2026-04-27 4.383.86
2026-05-04 4.413.91
2026-05-11 4.484
2026-05-18 4.64.09
2026-05-25 4.474
2026-06-01 4.494.08
2026-06-08 4.514.11
2026-06-15 4.464.13
2026-06-22 4.444.13
2026-06-29 4.454.14
2026-07-06 4.544.18
2026-07-13 4.574.18
2026-07-20 4.664.3
2026-07-27 4.674.26
2026-08-03 4.664.21
2026-08-10 4.684.2
2026-08-17 4.74.2
2026-08-24 4.684.23
2026-08-31 4.784.37
Sklon výnosové křivky: 10 let − 2 roky (p. b.) Pod nulou = inverze, nejslavnější recesní indikátor (krátké peníze dražší než dlouhé). Pozor na paradox: samotná inverze trhy nebolí – zpomalení historicky přicházelo až po odinvertování, když Fed začal panicky snižovat.
Zobrazit data v tabulce
Datum10letý − 2letý výnos (p. b.)Nula (pod ní inverze)
2024-01-01 -0.390
2024-01-08 -0.30
2024-01-15 -0.210
2024-01-22 -0.180
2024-01-29 -0.290
2024-02-05 -0.310
2024-02-12 -0.310
2024-02-19 -0.350
2024-02-26 -0.380
2024-03-04 -0.410
2024-03-11 -0.410
2024-03-18 -0.360
2024-03-25 -0.340
2024-04-01 -0.350
2024-04-08 -0.380
2024-04-15 -0.330
2024-04-22 -0.280
2024-04-29 -0.320
2024-05-06 -0.350
2024-05-13 -0.380
2024-05-20 -0.430
2024-05-27 -0.380
2024-06-03 -0.430
2024-06-10 -0.430
2024-06-17 -0.460
2024-06-24 -0.410
2024-07-01 -0.320
2024-07-08 -0.310
2024-07-15 -0.250
2024-07-22 -0.160
2024-07-29 -0.170
2024-08-05 -0.080
2024-08-12 -0.130
2024-08-19 -0.140
2024-08-26 -0.020
2024-09-02 00
2024-09-09 0.050
2024-09-16 0.110
2024-09-23 0.220
2024-09-30 0.130
2024-10-07 0.080
2024-10-14 0.110
2024-10-21 0.160
2024-10-28 0.150
2024-11-04 0.10
2024-11-11 0.120
2024-11-18 0.10
2024-11-25 0.070
2024-12-02 0.040
2024-12-09 0.110
2024-12-16 0.180
2024-12-23 0.290
2024-12-30 0.320
2025-01-06 0.380
2025-01-13 0.380
2025-01-20 0.330
2025-01-27 0.350
2025-02-03 0.260
2025-02-10 0.230
2025-02-17 0.240
2025-02-24 0.230
2025-03-03 0.280
2025-03-10 0.320
2025-03-17 0.270
2025-03-24 0.360
2025-03-31 0.320
2025-04-07 0.50
2025-04-14 0.530
2025-04-21 0.60
2025-04-28 0.540
2025-05-05 0.50
2025-05-12 0.470
2025-05-19 0.530
2025-05-26 0.510
2025-06-02 0.490
2025-06-09 0.460
2025-06-16 0.460
2025-06-23 0.540
2025-06-30 0.50
2025-07-07 0.50
2025-07-14 0.560
2025-07-21 0.520
2025-07-28 0.480
2025-08-04 0.520
2025-08-11 0.560
2025-08-18 0.560
2025-08-25 0.620
2025-09-01 0.60
2025-09-08 0.520
2025-09-15 0.540
2025-09-22 0.570
2025-09-29 0.550
2025-10-06 0.550
2025-10-13 0.560
2025-10-20 0.530
2025-10-27 0.510
2025-11-03 0.540
2025-11-10 0.530
2025-11-17 0.540
2025-11-24 0.560
2025-12-01 0.570
2025-12-08 0.610
2025-12-15 0.670
2025-12-22 0.70
2025-12-29 0.70
2026-01-05 0.690
2026-01-12 0.640
2026-01-19 0.660
2026-01-26 0.70
2026-02-02 0.720
2026-02-09 0.670
2026-02-16 0.610
2026-02-23 0.60
2026-03-02 0.570
2026-03-09 0.550
2026-03-16 0.510
2026-03-23 0.50
2026-03-30 0.520
2026-04-06 0.510
2026-04-13 0.530
2026-04-20 0.520
2026-04-27 0.520
2026-05-04 0.490
2026-05-11 0.480
2026-05-18 0.510
2026-05-25 0.470
2026-06-01 0.410
2026-06-08 0.40
2026-06-15 0.340
2026-06-22 0.310
2026-06-29 0.310
2026-07-06 0.360
2026-07-13 0.390
2026-07-20 0.360
2026-07-27 0.410
2026-08-03 0.450
2026-08-10 0.480
2026-08-17 0.50
2026-08-24 0.450
2026-08-31 0.410
Sazby centrálních bank: Fed vs ECB (%) Efektivní sazba Fedu a depozitní sazba ECB. Rozestup obou sazeb pohání i kurz eura a dolaru – propojuje se s grafem DXY výše.
Zobrazit data v tabulce
DatumFed (efektivní sazba)ECB (depozitní sazba)
2024-01-01 5.334
2024-01-08 5.334
2024-01-15 5.334
2024-01-22 5.334
2024-01-29 5.334
2024-02-05 5.334
2024-02-12 5.334
2024-02-19 5.334
2024-02-26 5.334
2024-03-04 5.334
2024-03-11 5.334
2024-03-18 5.334
2024-03-25 5.334
2024-04-01 5.334
2024-04-08 5.334
2024-04-15 5.334
2024-04-22 5.334
2024-04-29 5.334
2024-05-06 5.334
2024-05-13 5.334
2024-05-20 5.334
2024-05-27 5.334
2024-06-03 5.334
2024-06-10 5.333.82
2024-06-17 5.333.75
2024-06-24 5.333.75
2024-07-01 5.333.75
2024-07-08 5.333.75
2024-07-15 5.333.75
2024-07-22 5.333.75
2024-07-29 5.333.75
2024-08-05 5.333.75
2024-08-12 5.333.75
2024-08-19 5.333.75
2024-08-26 5.333.75
2024-09-02 5.333.75
2024-09-09 5.333.75
2024-09-16 5.043.57
2024-09-23 4.833.5
2024-09-30 4.833.5
2024-10-07 4.833.5
2024-10-14 4.833.5
2024-10-21 4.833.32
2024-10-28 4.833.25
2024-11-04 4.723.25
2024-11-11 4.583.25
2024-11-18 4.583.25
2024-11-25 4.583.25
2024-12-02 4.583.25
2024-12-09 4.583.25
2024-12-16 4.443.07
2024-12-23 4.333
2024-12-30 4.333
2025-01-06 4.333
2025-01-13 4.333
2025-01-20 4.333
2025-01-27 4.333
2025-02-03 4.332.82
2025-02-10 4.332.75
2025-02-17 4.332.75
2025-02-24 4.332.75
2025-03-03 4.332.75
2025-03-10 4.332.57
2025-03-17 4.332.5
2025-03-24 4.332.5
2025-03-31 4.332.5
2025-04-07 4.332.5
2025-04-14 4.332.5
2025-04-21 4.332.32
2025-04-28 4.332.25
2025-05-05 4.332.25
2025-05-12 4.332.25
2025-05-19 4.332.25
2025-05-26 4.332.25
2025-06-02 4.332.25
2025-06-09 4.332.07
2025-06-16 4.332
2025-06-23 4.332
2025-06-30 4.332
2025-07-07 4.332
2025-07-14 4.332
2025-07-21 4.332
2025-07-28 4.332
2025-08-04 4.332
2025-08-11 4.332
2025-08-18 4.332
2025-08-25 4.332
2025-09-01 4.332
2025-09-08 4.332
2025-09-15 4.192
2025-09-22 4.092
2025-09-29 4.092
2025-10-06 4.12
2025-10-13 4.112
2025-10-20 4.112
2025-10-27 3.972
2025-11-03 3.872
2025-11-10 3.882
2025-11-17 3.882
2025-11-24 3.882
2025-12-01 3.892
2025-12-08 3.752
2025-12-15 3.642
2025-12-22 3.642
2025-12-29 3.642
2026-01-05 3.642
2026-01-12 3.642
2026-01-19 3.642
2026-01-26 3.642
2026-02-02 3.642
2026-02-09 3.642
2026-02-16 3.642
2026-02-23 3.642
2026-03-02 3.642
2026-03-09 3.642
2026-03-16 3.642
2026-03-23 3.642
2026-03-30 3.642
2026-04-06 3.642
2026-04-13 3.642
2026-04-20 3.642
2026-04-27 3.642
2026-05-04 3.632
2026-05-11 3.632
2026-05-18 3.622
2026-05-25 3.622
2026-06-01 3.622
2026-06-08 3.622
2026-06-15 3.632.18
2026-06-22 3.632.25
2026-06-29 3.632.25
2026-07-06 3.622.25
2026-07-13 3.632.25
2026-07-20 3.632.25
2026-07-27 3.632.25
2026-08-03 3.632.25
2026-08-10 3.632.25
2026-08-17 3.632.25
2026-08-24 3.632.25
2026-08-31 3.632.25

Sázkové trhy: makro

Nejobchodovanější otevřené makro otázky na Polymarketu (sazby Fedu, recese, cla) – pravděpodobnosti oceněné penězi sázkařů. Výběr je mechanický podle objemu za 24 hodin, týdenní snímek.