iPoint (iPoint.cz)
Czech markets  |  November 20, 2012 09:09:26

View stock 11.20: PX lags, let us wait first revival in December



iPoint.cz

Markets in full force yesterday dominated the Bulls when the data from the housing market in the U.S. surpassed market expectations. Existing home sales in October rose to 4.79 million annualized, which was more than expected. Also index homebuilders (NAHB), which measures expectations about future developments in the sector has increased beyond expectations and is the highest since 2006. The optimism also contributed to the comments Barack Obama, who said he reached an agreement with the Congress. Good mood in the markets could keep at least until the end of the week. However, some test will be Thursday macro data from Europe, which will be published preliminary indicators of PMI, and also held an economic summit. You will deal with classical problems such as the evolution of the situation in Greece and Spain, and other procedures to Union Bank ...

More about the session in the U.S. and on the Prague Stock Exchange read oniPoint

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