European And Us Regions Are Showing

Sunrise Market Commentary - Fixed Income: Risk off pushes German bond yields to new lows - Risk off sentiment pushed core bonds higher and non-core bond yield spreads re-widened substantially. The Summit didn't bring new information, but another hole found in Spain's regions' budgets might get attention today. - Currencies EUR/USD cedes the 1.2624 support - On Wednesday, the EMU debt crisis was again omnipresent. Markets feared that the EU leaders wouldn't be able to take decisive action to address the debt crisis. Extreme risk aversion pushed EUR/USD to a new low for 2012. The losses of EUR/GBP were more contained, as poor UK retail sales and rather soft BoE minutes kept the door open for more policy stimulation. The Sunrise Headlines - In the final hour of trading, US ...

Later on today we will most probably watch the world's leading economy home prices throughout 20 of the country cities incline at a slower pace in the month of February, while that consumer confidence of this month could have retreated due to the current pessimism spread regarding the European debt crisis and the slowing global growth rates. In fact on one hand the S&P/ CS Composite -20 or in other words the value of the residential real estate market in 20 metropolitan regions across the United States could have dropped by 3.40 percent from a prior plunge of 3.78 percent signaling of course a constant low demand on houses and corroborate accordingly that the residential real estate market is only enhancing slowly and sees actually a limit to its improvement. While later the new home ...

(Reuters) - Asian shares fell on Friday and growth-linked currencies such as the Australian dollar were shunned after data showing shrinking factory activity in China and the euro zone heightened concerns about a slowdown in the global economy. Materials stocks such as miner BHP Billiton (BHP.AX) were prominent among the losers, but crude oil steadied after tumbling overnight and copper bounced off a 2-week low. Data on Thursday showed China's manufacturing sector activity shrank in March for a fifth successive month, while German and French manufacturing suffered a sharp decline that even the most pessimistic economists failed to predict. "Fears of a Chinese hard landing are on the rise; overdone we think," said Vincent Chaigneau, strategist at Societe Generale. "Concerns over Europe ...

(Reuters) - Tackling pollution, not freeing up trade, is regarded as the solution to a global shortage of rare earths, the metals that are the building blocks of the 21st century. The United States, Europe and Japan have lodged a formal trade complaint against China, the world's monopoly supplier of rare earths, accusing it of choking exports of the metals, used in advanced technologies from computer screens to hybrid cars. Industry experts say the West and Japan have a strong case to argue before the World Trade Organization (WTO), but the same experts and environmental groups argue that mere victory on a trade complaint will not be enough to break China's grip. Instead, they say the key to ending China's monopoly is for other nations to help clean up one of mining's dirtiest ...

(Reuters) - European shares steadied after two days of losses and the euro recovered from a 3-week low on Wednesday as markets await the outcome of the Greek debt restructuring deal, while worrying over the weaker outlook for the global economy. U.S. stock futures pointed to a recovery on Wall St after steep declines in the previous session. With stimulus measures from the world's major central banks mostly on hold, growth is key to supporting the recent rally in riskier assets but recent data has disappointed. Germany announced factory orders in January posted a surprise fall as demand slumped from outside the euro zone, adding to concerns about a slowdown in Brazil, Australia and China, though these regions are still experiencing growth. "The reality of slower growth in the BRIC ...

Fundamental Analysis EUR "There is at least still sufficient demand for goods ‘made in Germany’ to keep the industrial engine running in 2012" - Carsten Brzeski, senior economist at ING Group German factory orders increased more than expected in December as demand from overseas helped the euro zone’s largest economy to weather the debt crisis. Orders rose 1.7 per cent, after declining 4.9 per cent in November, said the Economy Ministry on Monday. USD "You wonder when people are going to look beyond Greece to the real issue, which is Italy" - Jeffrey Sica, president and CIO of Sica Wealth Management U.S. stocks declined on Monday, snapping a three-day winning streak, after the meeting of euro zone ministers was postponed because of Greek reluctance to commit to reforms. GBP "If the UK ...

Gold headed for its largest one-day rise in nearly a month on Monday, after Greece warned it will miss deficit targets set to avoid bankruptcy, which unleashed a sell-off in equities and commodities. European equities slid by more than 1 percent .STOXX, while crude oil dropped 0.8 percent and palladium fell by 0.7 percent to hit one-year lows, after Greece said it will miss the deficit targets set in July as part of a massive bailout package, showing that drastic steps to avert bankruptcy may not be enough. Having staged its largest one-month drop since the credit crunch of 2008 in September as the escalation in the Greek crisis prompted an investor stampede to the comparative safety of the dollar, gold has for now assumed its more habitual trading pattern of rising in times of financial ...

Fundamental market overview "The global economy is slowing and the franc is still very high, which is a poisonous mix for the Swiss economy" - Ursina Kubli, currency strategist at Sarasin Swiss economic expectations deteriorate The KOF economic barometer, which indicates the expected performance of the Swiss economy over the following six months, declined from a revised 1.98 in July to 1.61 in August, its largest decrease since the 2008 financial crisis. "The global economy is slowing and the franc is still very high, which is a poisonous mix for the Swiss economy," said Ursina Kubli, currency strategist at Sarasin. The KOF still remains at high levels which suggest positive growth even though the drop is quite pronounced," Fabian Heller, econo-mist at Credit Suisse, said. "The ...

The euro felt pressure versus the US dollar this morning, with the pair's price reaching a one-month high near 1.4700 then entering a moderate decline. Soft data out of the American economy last week forced a reevaluation by many investors who went long on the USD following the European Central Bank's (ECB) cloudy rate statement from a month back. Today's rate statement, therefore, has gained in prominence in relative terms. Economic News USD - Traders Mixed on USD as Euro Zone Interest Rates Expected Today The US dollar experienced mixed results yesterday as traders began to shift in and out of the greenback following last week's non-farm employment data and this week's relatively positive sentiment. The results so far have been for the value of the USD to decline and then hold versus ...