Markets  |  December 14, 2012 12:21:02

Euro erased losses and returns to the highs of last week

Yesterday afternoon we saw positive news from the U.S. labor market, where the number of applications for unemployment benefits fell by 29,000 to a total of 343 000th Number of applications and for the last four weeks fell by 108,000, indicating that American companies are already fully recovered after the storm Sandy. To support employment contributed Fed, whose policy of printing money fights against unemployment.
This morning, investors positively surprised China. Manufacturing PMI (Purchasing Managers Index) confirmed its strength when this month reaffirmed level above 50 points.HSBC company regularly compiles the index, which is based on a survey of managers in China's manufacturing sector. They can best predict future economic development, as are most of its functions can estimate the evolution of the near future, the production company in which it operates. The index value of 50.9 points is the Chinese economy is very positive. Australian dollar to this message immediately responded by strengthening by 50 points against the U.S. dollar.
During this morning published the German index of PM I (Purchasing Managers Index) from the service sector and manufacturing. December data from Germany brought good news for the services sector, which amounted to 52.1 points, which is the best result for the last six months. Less successful manufacturing sector, which has been held since March under an important value of 50 points.This is because the boundary between growth and contraction. Today's result of 46.3 points from the manufacturing sector indicates that neither Germany still has by far won over the crisis. Prospectively, but we should see improvement in the German economy and should build on the results of Tuesday's ZEW index and start a new era.

Currency pair euro against the dollar, which opened on Monday at the value 1.2888, is currently moving at 1.3075 price. Euro strengthened significantly especially in the first half of this week and so completely erased losses from the previous week.

Was this article: 10 | 8 | 6 | 4 | 2 | 0

Read also:

March 23, 2015Zlato smazalo v minulém týdnu letošní ztráty Colosseum a.s. (Colosseum a.s.)
January 20, 2015Euro v pondělí korigovalo své ztráty z minulého týdne Investiční bankovnictví (Komerční banka)
November 25, 2013Euro v závěru minulého týdne vymazalo předchozí ztráty Investiční bankovnictví (Komerční banka)

Euro smazalo ztráty a vrací se k maximům z minulého týdne

Diskuze a názory

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