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Feb 13, 14 •
2647 Views •
Mind The Gap •
Maria Iacob
Comments Off on Australia’s poor jobs print sends a shockwave through the markets whilst Germany’s inflation remains static
Without a doubt Australia’s jobless rate rising to 6 percent last month, the highest level seen since July 2003, cased quite a stir in the markets. Employment unexpectedly shrank by 3,700. Economists polled by Bloomberg had forecast up to a 15,000 gain....
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Feb 12, 14 •
2590 Views •
Mind The Gap •
Maria Iacob
Comments Off on China’s trade balance improves markedly as USA lawmakers look to raise debt ceiling
The UK’s conference board figure has decreased by 0.1%, after five months of increases, the LEI decreased slightly in December. A substantial decline in the Volume of Expected Output, coupled with softening consumer confidence and lower stock prices,...
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Feb 11, 14 •
2651 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK retail sales power ahead, up 3.9% in 2013 versus 2012
Investors and traders have experienced a quiet two news days overall this week with Australian data dominating the high impact news landscape. House prices in Australia rose by 3.4% in the quarter and by circa 9.3% overall throughout 2013. Sydney with a 13.8%...
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Feb 10, 14 •
3032 Views •
Mind The Gap •
Maria Iacob
Comments Off on Japan posts record balance of payments deficit at $6.2 billion for December
In overnight news Japan took centre stage with a poor consumer sentiment publication, the index falling to 40.5. But this medium impact news release was overshadowed by the high impact news release revealing that Japan’s record balance of payments...
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Feb 7, 14 •
3649 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK production rise moderately, as all eyes begin to focus on the NFP print
Looking at the latest UK news the index of production in the UK has risen to 0.5 in the last Q of 2013 just below the 0.7% rise many analysts forecast. Manufacturing has risen sharply in the period temporarily defying those who continually suggested that the...
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Feb 5, 14 •
3200 Views •
Mind The Gap •
Maria Iacob
1 Comment
Retail sales in Europe came in significantly below expectations in this morning’s data published by Eurostat. Analysts had expected a fall of circa -0.7%, however, at -1.6% down the figure has taken the analyst community by surprise. It must be taken on...
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Feb 4, 14 •
3716 Views •
Mind The Gap •
Maria Iacob
2 Comments
Ask many analysts, market commentators and economists which data they trust as a herald of good fortune to come and many will suggest that construction data is “the one” given that it has an incredible pull through effect on the rest of the...
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Feb 3, 14 •
2800 Views •
Mind The Gap •
Maria Iacob
Comments Off on UK PMI slips to a three month low whilst European PMIs accelerate forward
This morning’s high impact news events have been dominated by the PMIs for the UK and Europe. As readers will have noted before we do have reservations with regards to Markit Economics ‘telling it how it is’ given that they do appear to...
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Jan 31, 14 •
2950 Views •
Mind The Gap •
Maria Iacob
Comments Off on Euro area inflation falls whilst unemployment remains stable, Germany surprises with a steep fall in retail sales and turnover
European data has dominated the high impact news items landscape this morning with unemployment for the region being the most dominant news. In the wider area unemployment fell by 162K, with the rate remaining at 12%, just below the analysts’...
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Jan 30, 14 •
3228 Views •
Mind The Gap •
Maria Iacob
1 Comment
After the taper decision by the FOMC yesterday evening, in the overnight trading session Asian shares were sold off as emerging market jitters re-appeared and nowhere were these jitters more evident than in Japan, where the Nikkei index closed down 3.3%....