Spread Between The Weighted

Fundamental Analysis EUR "The widely-spread fear that the euro zone's biggest economy could now also be caught by the crisis virus has been soothed" - Carsten Brzeski, an economist at ING in Brussels German business confidence improved for a third consecutive month in January, a sign Europe’s largest economy may avoid a recession. The Ifo institute’s business climate index, based on a survey of 7,000 businesses, rose to 108.3 from 107.3 in December. USD "We’ve had a clear turn toward positive momentum in the housing market at the end of 2011" - Aaron Smith, a senior economist at Moody’s Analytics Inc. U.S. month on month pending home sales decreased 3.5% in December, following a 7.3% increase in November, said the National Association of Realtors on Wednesday. GBP "There are growing ...

Fundamental Analysis EUR Belgian business climate improved in January, but remained in the negative territory since May 2011. The business climate index added 1.1 point to minus 9.5 this month on a seasonally adjusted basis from minus 10.6 in the preceding month, reported the Bank of Belgium. Experts predicted the index to inch up 0.5 points approaching minus 10.1 this month. USD US President Obama called the government to impose higher taxes on country's wealthy to restore income equality in US economy, fueling predictions he will use this call in his election campaign. Obama claims that those who earn millions must pay at least 30% tax to make sure more citizens have a fair share of income. President also demanded to create more jobs in domestic natural gas production and ...

Weekly Economic and Financial Commentary U.S. Review The Story of Moderate Growth Continues To Unfold Personal income figures for November indicated that personal income rose a meager 0.1 percent. Personal spending rose slightly for the month supported in part by consumers choosing to save less. Housing starts came in better than expected in November as unusually warm weather and possible seasonal adjustment factors helped to boost the headline number. The final estimate of third quarter GDP indicated that the economy grew at a 1.8 percent pace in the that quarter on news that healthcare consumption fell. Stronger Home Building Activity Supports Q4 Growth The majority of economic indicators focused on the housing market this week with the release of housing starts and ...

LONDON (Reuters)- From credit bottlenecks in eastern Europe to slower growth in China, delays in tackling the euro zone's debt crisis are causing ever-greater economic and financial damage well beyond the borders of the 17-nation bloc. As politicians dither over how to share the costs of cleaning up the mess and preventing a recurrence, concern is mounting among policy advisers and academics that Europe could be condemned to several years of sluggish growth as excess debts are gradually worked off. And wrangling over how to pay for decades of debt accumulation is not limited to Europe. As Francesco Garzarelli of Goldman Sachs has noted, the political stalemate over how to reduce the U.S. budget deficit is another example of the difficulties advanced economies face in reforming the ' ...

(Reuters) - Gold extended an earlier slide on Wednesday in its largest one-day fall this month as the escalating euro zone debt crisis kept the euro near one-month lows against the dollar, making it more attractive to non-U.S. investors to sell bullion. Adding to the burden on gold, which can offer investors some protection against inflation, U.S. data painted a benign picture of consumer prices pressures in October, which fell for the first time in four months. The European Central Bank stepping into the bond markets to prop up Italian and Spanish debt did little to calm fears about the spread of the debt crisis, as reflected by the yawn in the gap between yields on the benchmark bonds of the highest-rated euro zone members such as France or Austria over those of Germany. Gold fell ...

The Weekly Bottom Line : 28/10/2011 HIGHLIGHTS OF THE WEEK United States Policymakers in Europe met this week to hammer out a three point plan to save the euro zone. The plan includes a 50% voluntary write down of Greek debt, a strategy to recapitalize the European banking system, and a plan to optimize the use of the existing bailout fund (the EFSF) to safeguard the debt of other vulnerable sovereigns. The plan is a step in the right direction, but its success will depend on a number of factors that are as of yet unknown. Even more than that, it is contingent on the euro zone economy avoiding a significant deterioration in the economic outlook. In the United States, the Obama administration's plan to reform the Home Affordable Refinancing Program should give some support to ...

FX Briefing Highlights Equity markets hope for additional support from the Fed "Hard" US economic indicators show little recession risk In Japan resistance is growing against the strength of the yen Ruling party DPJ to elect new Japanese prime minister EUR-USD: Risk on or off? Recession fears and the debt crisis are continuing to dominate market action. The mood alternates between flashes of optimism on equity markets and panic attacks as last seen on Thursday afternoon. On bond markets, the picture is mixed: whereas spreads for Italian and Spanish government bonds have stabilised thanks to the ECB's purchases, yield spreads between Greek government bonds and comparable German Bunds have hit new record highs. Given the dispute about collateralisation of loans from the ...

This week was almost similar to the previous one although overall data released is different but they are mixed rather than fully pessimistic and also share the same common ground and idea; the world's leading economy remain weak and the revival pace continues on being slow, still some slight brightness and sentiments of hope were able to be spread this week regardless the persisting challenges that the country keep on facing. In fact overall economic conditions remain weak up till now to watch as we start this week the big State of New York the country's manufacturing activities loosing considerable momentum and their expansion in fact strongly slowing down due to the present ambiguous and weakened economic conjuncture of the world's leading economy that weighted down on overall ...

So far sentiments of pessimism rather than optimism are spread throughout the world's leading economy since that its present economical conjuncture has lost some strength and its recovery remains on a gradual pace with overall activities still weighted by continuous high jobless levels while that worries remain spotted on the EU soil since that no real clear picture is painted regarding Greece crisis. Accordingly all traders and investors eyes are on today's FOMC Rate Decision since that it will provide further details on the present economical conjuncture of the world's superpower and will actually determine the near-term direction of monetary policy, forecasting strongly once again to watch the Federal Open Market Committee deciding to keep its benchmark interest rate unchanged and low ...