BOSSA.CZ (BOSSA.CZ)
Macroeconomics  |  March 13, 2013 10:35:00

Eurozone industrial production disappointed


Industrial production in January in mom measurement decreased by 0.4 percent. Failed to complement the relatively successful December, when we saw a growth of 0.9 percent. The largest drop recorded durable goods by 1.4 percent. Capital goods lost 1.2 percent and energy production slowed to 1.0 percent. Growth occured semi-durable goods by 0.1 percent. Durable consumer goods has strengthened by 0.9 percent. Eurozone begun introduction of so gloriously and did not disappoint estimates of economists who predicted a contraction of 0.1 percent.

Euro currency index BOSSAEUR responds to worsening news from the euro zone weakening. From a technical point of view was reflected by a declining trend line continues in the established bear trend. The nearest support level remains supportní level between 38.2 and Fibonacci levels of price 124.95.

BOSSA EUR

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