The German ZEW expectations index increased slightly to 15.7 from 15.4 (Consensus 20.0, Danske 22.5), which was below the market and our expectations. The current conditions index increased to 85.2 from 82.8 (Consensus 83.3, Danske 83.0) beating expectations. Our expectations were based on increases in the Sentix indicator, increases in
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Euro area: ZEW in Line with Strong Growth Outlook
Written by admin
Tuesday, 15 February 2011 12:11
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Tuesday, 15 February 2011 12:11
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China: Inflation Jumps, but Less than Expected
Written by admin
Tuesday, 15 February 2011 11:21
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Tuesday, 15 February 2011 11:21
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CPI inflation in January jumped to 4.9% y/y (consensus: 5.4%, DB: 5.3%) from 4.6% y/y in December. This was considerably less than expected, but in line with the whispers circulating in financial markets yesterday. The main reason for the lower reading was that food prices increased less than expected (10.6%
China’s Trade Data In January Likely To Spur Criticism From US And Acceleration In Tightening …
Written by admin
Monday, 14 February 2011 10:34
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Monday, 14 February 2011 10:34
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China’s trade data surprised to the upside in January. Trade surplus halved to $6.5B during the month from December with growth in both imports and exports beat consensus. The set of data will unlikely ease tensions between China and the US over RMB appreciation. With the recovery and domestic demand
