Mind The Gap

Nikkei index reaches six year high as yen falls whilst German import prices fall 3% year on year

The USA markets are shut for the annual Thanksgiving day therefore the afternoon trading session is expected to be quiet. Overnight investors saw the Nikkei reach a six year high as the DJIA had risen to a record high, just short of 16,100 on Wednesday. In Europe Germany’s import prices have fallen circa 3% year […]

Nikkei index reaches six year high as yen falls whilst German import prices fall 3% year on year Read More »

UK GDP at 0.8%, Germany reaches coalition government accord and agrees to spend on social programmes and welfare

Oil has fallen in the overnight and early morning trading sessions, U.S. prices are sliding for a fourth day after an industry report revealed that crude supplies rose for a ninth week in the USA, whilst the market for oil still ‘accommodates’ the pact reached with Iran regarding sanctions and its nuclear ambitions. Asian equities

UK GDP at 0.8%, Germany reaches coalition government accord and agrees to spend on social programmes and welfare Read More »

Could the Case Shiller house price index in the USA show a reduction?

Both overnight and early morning it’s been a quiet two sessions of trading in the markets. And looking at the diary of upcoming events it’s difficult to imagine if we’re going to see a change to the doldrums we’re currently witnessing. We receive the publication regarding building permits for the USA, the Case Shiller house

Could the Case Shiller house price index in the USA show a reduction? Read More »

German business confidence is recovering, with the leading Ifo indicator rebounding above expectations.

The headline Ifo reached 109.3 in November, its highest level since April 2012, rising from 107.4 in October. Both current assessment and expectations improved, with the latter at its highest level since April 2011. Hans-Werner Sinn, president of the Ifo Institute, said: [quote] After falling in October, the Ifo Business Climate Indicator for the German

German business confidence is recovering, with the leading Ifo indicator rebounding above expectations. Read More »

The UK’s financial regulator may probe institutional currency traders activities whilst European markets fall in early trading

China’s commitment (through its Plenum meeting of last week) to introduce wide-ranging reforms continues to be the dominant force stoking up global investor sentiment. Shares of Chinese companies listed in Hong Kong were up another 1.8 per cent overnight to reach their highest witnessed since early March, extending Monday’s 5.7 per cent climb. The UK’s

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China’s market reforms welcomed by the global markets, whilst UK house prices tumble in seasonal adjustment

China’s planned economic and social reforms sent shares on the Shanghai Composite index up by over 2.8% in the overnight trading session. Shares surged ahead in Hong Kong too, where the Hang Seng was up over 3.3% in late trading. Chinese President Xi Jinping’s blueprint for economic reforms over the coming decade helped push Greater

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A backstop for banks needed says Asmussen as Europe’s inflation falls to 0.7%

Euro area annual inflation was 0.7% in October 20132, down from 1.1% in September. A year earlier the rate was 2.5%. Monthly inflation was -0.1% in October 2013. European Union annual inflation was 0.9% in October 2013, down from 1.3% in September. A year earlier the rate was 2.6%. Monthly inflation was -0.1% in October

A backstop for banks needed says Asmussen as Europe’s inflation falls to 0.7% Read More »