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Apr 25, 14 •
5252 Views •
Mind The Gap •
Maria Iacob
Comments Off on Retail sales rise marginally in the UK whilst mortgage approvals fall
There was mixed news ‘hitting the wires’ regarding the UK economy his morning, firstly we had the news that retail sales had increased by 0.1% in the month of March. This beat expectations of a fall of 0.4% and although only a small improvident...
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Apr 24, 14 •
6061 Views •
Mind The Gap •
Maria Iacob
Comments Off on German Business Confidence Rises Amid Growth Signs
The Germany Ifo business climate index has risen unexpectedly according to the latest release published this morning. German manufacturing and services activity is expanding at near the fastest pace since 2011. The Ifo Business Climate Index for industry and...
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Apr 23, 14 •
7786 Views •
Mind The Gap •
Maria Iacob
Comments Off on Euro-zone business activity expansion nears three-year peak according to Markit Economics
In the euro area growth has increased according to the Markit Economics latest composite index which is at a reading of 54.0 in April. The latest reading was the highest since May 2011 and supports the theory that the region may be beginning to finally exit...
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Apr 22, 14 •
5576 Views •
Mind The Gap •
Maria Iacob
Comments Off on Aussie rises as the RBA signals that it has inflation under control and will maintain interest rates at their current level
After the extended Easter holiday period the high impact news events and policy decisions are very thin on the ground this Tuesday therefore, in terms of fundamental analysis, there’s very little for traders to get too excited over. However, Wednesday...
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Apr 21, 14 •
4228 Views •
Mind The Gap •
Maria Iacob
Comments Off on A leading forecasting group in the UK is forecasting 3.1% growth for the UK economy in 2014
Britain’s economy will apparently grow by 3.1% this year after a supposed turnaround in household fortunes, but trade and austerity challenges still lie ahead, a forecasting group has said in a report published overnight. The Centre for Economics and...
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Apr 18, 14 •
7285 Views •
Mind The Gap •
Maria Iacob
Comments Off on China new home prices rise slows to 7.7 percent year on year in March
The average new home prices in China’s 70 major cities rose 7.7 percent in March from a year earlier, easing from the previous month’s 8.7 percent rise. In month-on-month terms, prices rose 0.2 percent in March, slowing from February’s rise...
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Apr 17, 14 •
7011 Views •
Mind The Gap •
Maria Iacob
Comments Off on Solid Wall St. gains yesterday fail to lift Asian markets as European markets open lower as Ukraine crisis still critical
Asian markets failed to maintain an upbeat momentum despite the solid gains seen on Wall Street yesterday, Hong Kong stocks outperformed as Beijing cut the reserve requirement ratio for some rural banks. There were solid gains on Wall Street, as a decline in...
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Apr 16, 14 •
5486 Views •
Mind The Gap •
Maria Iacob
Comments Off on European bourses begin to recover yesterday’s losses as the Nikkei rises by over 3% overnight
Asian Pacific bourses rose in the overnight-early morning session led by Japan, however, Greater China equity markets lost their gains after the world’s second-largest economy reported its slowest quarterly growth since late 2012. The mood across the rest...
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Apr 15, 14 •
3859 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK retail sales fall year on year; UK inflation falls to 1.6% as the WTO predicts modest global growth for 2014-2016
After USA retail sales reported a growth of 1.1% on the month yesterday it was the UK’s turn to reveal their latest retail sales figures, a trade body in the UK revealed overnight that sales in the UK have in fact fallen by 1.7% year on year. Although...
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Apr 14, 14 •
3438 Views •
Mind The Gap •
Maria Iacob
Comments Off on Momentum continues to build for a programme of QE by the ECB
The US and Russia traded accusations over Ukraine at the UN on Sunday after clashes between Ukrainian forces and pro-Russian separatists occurred. Russia called an emergency meeting of the UN Security Council on Sunday evening after another day of rising...