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Feb 27, 14 •
3181 Views •
Mind The Gap •
Maria Iacob
Comments Off on Germany’s unemployment falls more than expected whilst German import prices fall sharply year on year
Stocks in Australia and the Aussie as a currency versus its major peers fell sharply as a report showed business investment in Australia has collapsed to a multiyear low. Fears that the extremely one dimensional miraculous economic activity in Australia could...
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Feb 27, 14 •
2585 Views •
Mind The Gap •
Maria Iacob
Comments Off on USA new home sales rise causes a correlated rise in the greenback whilst rumours gather that the ECB will engage in full on quantitative easing programme in 2014
In a relatively quiet afternoon session for high impact news and policy decisions the main news concerning the USA was in relation to the increase in new home sales which unexpectedly climbed in January to the highest level in more than five years, showing...
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Feb 26, 14 •
2799 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK GDP comes in at 0.7% as business investment misses estimates by increasing by 2.4% only in the last quarter
Asian equities came under pressure in the overnight/early morning session as investors still faced up to uncertainty over Chinese policymakers’ intentions regarding the country’s currency, this followed a subdued session on Wall Street on Tuesday....
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Feb 25, 14 •
3687 Views •
Mind The Gap •
Maria Iacob
1 Comment
In the overnight – early morning trading session focus centred mainly on the issues from China in relation to the yuan which the Chinese authorities, in the form of the central bank, appear determined to see devalued versus its major trading peers. As a...
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Feb 21, 14 •
4031 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK retailers experience falling sales in January, cable falls to S1 then recovers
Many Asia-Pacific equities recovered overnight due to a US manufacturing report showing that factories are increasing production in the world’s biggest economy. Japanese and South Korean were the leading bourses in both nations with the Nikkei closing up...
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Feb 20, 14 •
4118 Views •
Mind The Gap •
Maria Iacob
1 Comment
The markets have been dominated by the raft of PMIs published by Markit this morning and overnight. The Eurozone PMI composite index has continued its bullish end to 2013 with 52.7 registered for the month of January, which is still very close to the 30 month...
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Feb 19, 14 •
3151 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK unemployment unexpectedly rises causing sterling to fall marginally
In Switzerland the ZEW index fell by 7.7 points in the latest survey, whilst overnight the Australian bank Westpac published its latest findings suggesting that economic confidence is waning slightly by 0.46%. Britain’s unemployment rate has unexpectedly...
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Feb 18, 14 •
2676 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK inflation falls as EU balance of payments surplus rises
It’s a fairly busy high impact news event day today so we’ll get right on it. In the UK consumer price inflation has fallen below 2% at 1.9% but RPI (retail price inflation) is up to 2.9%. House prices in the UK are up 5.5% year on year with...
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Feb 17, 14 •
2766 Views •
Mind The Gap •
Maria Iacob
Comments Off on Japan’s data points to a slowing economy whilst China’s credit growth causes Aussie to rise
Momentum from Wall Street on Friday and signs of credit growth in China caused Asian bourses to be in a bullish mood. This rise was despite the underwhelming gross domestic product data printed out of Japan, whose economic recovery failed to regain momentum...
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Feb 14, 14 •
2769 Views •
Mind The Gap •
Maria Iacob
Comments Off on Germany and France post moderate GDP increases for the last quarter of 2013, whilst Italy GDP expands for first time since spring 2011
Construction output in the UK has risen. According to the latest data available from the ONS output in the last quarter of 2013 rose by 0.2%. New work increased by 0.7%. Quarterly the increase in construction output rose by an impressive 3.4%. France has...