World markets  |  January 31, 2013 17:53:22

Uncertainty in the markets, central bankers finally managed to tame / BIG EXPERT - foreign markets: a week from 28 First 2,013


Optimism in the capital markets still remains, which eloquently proves VIX index development. He broke in January almost magical 14b and got down to the 12b, which was the lowest level since mid-2007. Uncertainty in the markets and central bankers finally managed to tame and increasingly talk about the fundamental changes that prevent its return. We shall see.

Peaceful water trading session last days were lumpy on Wednesday, when the U.S. issued the first of three reports 4Q GDP 2012th Compared to the expected growth occurred in mezikvartálním comments on the decline. It was immediately apparent increase in volatility started getting understandable selections profits.After decomposition of GDP on its individual components but we find that for the reduction was mainly a decrease in government spending (especially on defense), and also lower QoQ volume of stocks. The foundation stone of the U.S. economy, namely household consumption (accounting for 70% of GDP), however, increased QoQ. This is good news, though with an uncertain future due to the view that the U.S. was the beginning of this year, an increase of direct taxes. Higher taxes mean less money in the pockets of consumers and thus their willingness to lower the expenses.

Further refinement U.S. 4Q GDP for 2012, we will see in February and then the final numbers until March. Given that the stocks tend to be very difficult quantifiable item, it is possible that other numbers will undergo more than cosmetic changes.On Wednesday also ended a two-day meeting of Fed Monetary Committee, on which central bankers agreed that for the cooling of economic activity is only transient phenomena such as inclement weather. Due to the fact that the wave of economic growth in the U.S. is largely built the current stock market rises, the critically important whether the Fed bankers are right or wrong.

George Šimara, CYRRUS

Expert opinions on the future development in selected foreign markets monitored through indices and comparison with the Czech capital market (PX) in the next month and a half, a week from 28 First 2013th


Experts estimate for the period of one month

Pointer
Hodn.
25th First
Diameter
Median
Change
in%
Interval
Growth
Decrease
PX
1 024,29
1 034,40
1,040
^ 0.99
1 000 - 1 060
3
2
Dow Jones (U.S.)
13 895,98
13 805,80
13800
ˇ -0.65
13700 - 13979
1
4
NASDAQ (U.S.)
3 149,71
3 141,40
3,150
ˇ -0.26
3 100 - 3200
3
2
FTSE 100 (VB.)
6 284,50
6 238,20
6,235
ˇ -0.74
6200 - 6316
1
4
DAX (Germany)
7 857,98
7 762,80
7,750
ˇ -1.21
7700 - 7824
0
5
Nikkei 225 (JPN)
10 926,65
10 806,60
10800
ˇ -1.10
10300 - 11193
2
3


Experts estimate for the period of 6 months

Pointer
Hodn.
18th First
Diameter
Median
Change
in%
Interval
Growth
Decrease
PX
1 024,29
1 067,40
1,060
^ 4.21
1 047 - 1 100
5
0
Dow Jones (U.S.)
13 895,98
13 855,40
13950
ˇ -0.29
13100 - 14327
4
1
NASDAQ (U.S.)
3 149,71
3 181,20
3,236
^ 1.00
2 900 - 3 300
4
1
FTSE 100 (VB.)
6 284,50
6 366,60
6,390
^ 1.31
6250 - 6473
4
1
DAX (Germany)
7 857,98
7 915,80
7,900
^ 0.74
7750 - 8050
4
1
Nikkei 225 (JPN)
10 926,65
10 946,40
10800
^ 0.18
10600 - 11472
2
3

Rating this week performed:

  • Menčík Thomas, George Šimara - CYRRUS
  • Libor Bucek, Jan Mach, Milan Nedbálek - FINANCE Zlín
  • Patrick Hudec - Generali PPF Asset Management, a fund manager společnost
  • Karel Handbag, Miroslav Hlavoň - CAPITAL GRANT
  • Jaroslav Brychta - X-Trade Brokers

The tables contain a summary of the estimates of experts in the list. The column "Actual value" represents the value of the monitored indices (Friday's closing value), from which experts in their estimates came out. With this value, the estimates of experts after a period of one to six months, compared to evaluate success. "Median" is a number that is in the middle the size of a structured set of estimates and "Interval Estimates" lists the minimum and maximum estimate file.Columns "Increase / Decrease" indicate the number of experts assume that the index of the period under consideration, given the current value rises or falls.
Note: Estimates are in the form of non-binding opinions with regard to the expected development in the next one month and a half year. The fact, however, may substantially differ from the estimates of experts. Experts even Kurzy.cz assume no responsibility for these differences.

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


Last news from the section World markets:

Út   8:52  Wall Street zahajuje úvod týdne mírným růstem Patria (Patria Finance)
Út   8:52  Trump kritizoval měnovou politiku Číny a EU Patria (Patria Finance)
Út   8:51  Úterní obchodní seance 21. 8. 2018 STOX.CZ (Grant Capital)


Nejistotu na trzích se centrálním bankéřům nakonec podařilo zkrotit / BIG EXPERT - zahraniční trhy: týden od 28. 1. 2013

Diskuze a názory

Na dané téma nejsou žádné názory.


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

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688