Investiční bankovnictví (Komerční banka)
World markets  |  March 06, 2013 08:21:00

In the euro area will be published refined estimate of GDP


A common European currency during yesterday's trading profits attributed due to better-than-expected macroeconomic data from the eurozone. January retail sales surprised the strong growth of 1.2% m / m (market expectations of only 0.3%) and fell even better final PMI indices in the euro area countries. Still not a sufficient signal to the euro significantly moved away from the border of 1.30 USD / EUR - except Germany subscripts indicate the continuing decline in activity in the services sector, albeit at a slower pace. Euro trading and closed slightly stronger at 1,303 USD / EUR.

Today will be published refined estimate of euro area GDP for Q4 12th Preliminary figures pointed to a sharper than expected downturn in the economy EMU by 0.6% q / q (in annual terms -0.9%).In the U.S., we will see the ADP report from the labor market, which should, according to market consensus view on the new 170 thousand. jobs that the U.S. economy created in February. Later it will also be important statistic published new factory orders for January, which is expected to decline by 2.2% m / m In addition, the evening will introduce a new Fed beige book. The most important indicator of this week but will be in the U.S. on Friday to new jobs in the U.S. labor market in February.

Author: Marek Dřímal

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V eurozóně bude zveřejněn zpřesněný odhad HDP

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