iPoint (iPoint.cz)
Czech markets  |  March 06, 2013 09:07:58

View stock 3.6: DJIA at historic highs, the bulls with a woman and the Prague Stock Exchange


Equity markets were washed boundless optimism when favorable macro data published yesterday, and China announced that the projected economic growth this year, intends to increase government spending by 10%. Objective economic growth was left at 7.5%. Even on Monday, while China cracked down on speculation in the housing market by raising property taxes and limit purchases of more than one property.

From yesterday's data has been driven as those from Europe and the U.S.. Retail sales in the euro zone rose in February by 1.2% mom, which was well above expectations. Good numbers also introduced in the U.S. purchasing managers index PMI by ISM outside the industry, which rose to 56 points against the expected 55 points.

Australian dollar for the first time after three days of decline against the U.S. dollar recorded a respectable growth when the discount rate was left at 3.00%, in line with expectations. Today's data showed that the Australian economy in Q4 2012 increased by 0.6% qoq. This was also in line with expectations and the Australian dollar so increases their previous gains ...

More about the session in the U.S., the Prague Stock Exchange and today's developments in the markets read the iPoint

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Akciový výhled 6.3.: DJIA na historických maximech, býci se ženou i na pražskou burzu

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