EcoWeek of Friday, January 31, 2014


Editorial : Emerging markets, repricing the risk

  • The drop in emerging currencies and equities amplifies… Market sentiment regarding Euro area is improving somewhat.


Global Overview : Tap, tap, tap(er)ing on the bears’ door

  • This week, Ben Bernanke chaired the FOMC meeting for the last time, presiding with the second step of the tapering.

The week in the US : Disappointing growth

  • There was a lot to digest this week, but at least no surprise came from the Fed that announced another USD 10 bn decrease in monthly security purchases.


The week in the Euro zone : Fragile confidence

  • On the whole, the survey and economic data released this week tend to support our scenario of a gradual improvement in the eurozone’s economic situation.

Focus1 : France: what growth rate to expect in Q4 2013?

  • French GDP growth should be up 0.2% to 0.3% q/q in Q4 2013


Focus2 : Non-performing loans in Southern Europe: define, measure, compare

  • The impact of the proposed harmonized definition for NPL at the European scale differs significantly from one Southern country to the next.

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD pressured as Fed officials hold firm on rate policy

AUD/USD pressured as Fed officials hold firm on rate policy

The Australian Dollar is on the defensive against the US Dollar, as Friday’s Asian session commences. On Thursday, the antipodean clocked losses of 0.21% against its counterpart, driven by Fed officials emphasizing they’re in no rush to ease policy. The AUD/USD trades around 0.6419.

AUD/USD News

EUR/USD extends its downside below 1.0650 on hawkish Fed remarks

EUR/USD extends its downside below 1.0650 on hawkish Fed remarks

The EUR/USD extends its downside around 1.0640 after retreating from weekly peaks of 1.0690 on Friday during the early Asian session. The hawkish comments from Federal Reserve officials provide some support to the US Dollar.

EUR/USD News

Gold price edges higher on risk-off mood hawkish Fed signals

Gold price edges higher on risk-off mood hawkish Fed signals

Gold prices advanced late in the North American session on Thursday, underpinned by heightened geopolitical risks involving Iran and Israel. Federal Reserve officials delivered hawkish messages, triggering a jump in US Treasury yields, which boosted the Greenback.

Gold News

Dogwifhat price pumps 5% ahead of possible Coinbase effect

Dogwifhat price pumps 5% ahead of possible Coinbase effect

Dogwifhat price recorded an uptick on Thursday, going as far as to outperform its peers in the meme coins space. Second only to Bonk Inu, WIF token’s show of strength was not just influenced by Bitcoin price reclaiming above $63,000.

Read more

Billowing clouds of apprehension

Billowing clouds of apprehension

Thursday marked the fifth consecutive session of decline for US stocks as optimism regarding multiple interest rate cuts by the Federal Reserve waned. The downturn in sentiment can be attributed to robust economic data releases, prompting traders to adjust their expectations for multiple rate cuts this year.

Read more

Majors

Cryptocurrencies

Signatures