Cyrrus (Cyrrus)
Markets  |  December 03, 2012 10:27:43

Joint Stock breakfast 12.03 - China, Merkel and Greek haircut, PMI from the world

Overview of the main events for Monday, the 3rd December 2012






Slightly better Chinese macro data


Merkel conceded hair-cut Greek debt



Upcoming Events

Germany Manufacturing PMI 9:55
10:00 EZ PMI Manufacturing '
14:58 U.S. Markit PMI
16:00 ISM Manufacturing
16:00 U.S. construction spending
23:00 U.S. sales of cars


  • U.S. markets on Friday ended trading around zero, while the S & P 500 rose 0.02%, the Dow Jones +0.03%, and the Nasdaq fell by 0.06%. Indexes are moving most of the day in negative territory, but an hour before the close of trading went back to the opening values.


Estimates of China's GDP growth in 2013 - according to Bloomberg:

  • 56% of analysts: a 7.5% growth in 2012
  • 37% of analysts: a decrease to 7.0%
  • 7% analysts: growth at 8%
  • Official goal should be announced in March 2013

China - Macro:

  • PMI in the industry for November at 50.6 vs value. estimate of 50.8 vs. last 50.2
  • In the services PMI for November at 55.6 vs value. last 55.5
  • PMI in the industry according to HSBC for November at 50.5 vs value. estimate of 50.4 vs. last 49.5



  • For the first time conceded that Germany could agree with another hair-cute
  • But they have one major condition: Greece must not be in the public finance deficit
  • Which will not be before 2015
  • Today politicians will finalize the Greek debt buyback plan, they want to buy 10 billion
  • Today Greece is beginning to offer for buyback of debt issued this year
  • 10th 12th It will evaluate

Downgrades EFSF and ESM funds:

  • Moody's lowers rating from Aaa to Aa1, negative outlook
  • Justify the high correlation between credit risk contributors to the fund
Was this article: 10 | 8 | 6 | 4 | 2 | 0

Read also:

June 11, 2015Řecký akciový index dnes nejlepší na světě Investiční bankovnictví (Komerční banka)

Akciová snídaně 3.12. - Čína, Merkelová a řecký haircut, PMI ze světa

Diskuze a názory uživatelů na téma: Akciová snídaně 3.12. - Čína, Merkelová a řecký haircut, PMI ze světa

Na dané téma nejsou žádné názory.

Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688