• Home ::
• Fundamental ::
• Analysis Reports ::
• Fundamental News Summary

• Send
• Print
• Add To
• Rss

Fundamental News Summary

European Session Summary

Mon, Aug 10 2009, 09:57 GMT
by ecPulse.com analysis team

ecPulse.com

The European Banking Federation EURIBOR inched higher
The European Banking Federation released the EURIBOR rate for today, the one week rate rose a little from 0.352% to 0.353%, while the one month rate inched higher to 0.523% from 0.521%, the three months EURIBOR inclined from 0.881% to 0.884% and the six months rate inched higher to 1.133% from 1.131% and the twelve months rate inclined from 1.348% to 1.354%.

Slovakia's Average Monthly Real Wage
Slovakia released its average monthly real wage for the year ending in June coming in at -0.3%, which is better than the preceding reading of -3.4 percent.

Slovakia's Industrial Sales Improve
Slovakia released its industrial sales for the year ending in June coming in at -21.0%, which is higher than the prior reading of -26.3 percent.

Business sentiment in France inclined slightly
Bank of France released its Business sentiment for July, showing slight improvement to 87 from 84 prior, and 86 forecasted.

France's industrial and manufacturing reports for June
France released industrial and manufacturing reports for the month of June, where the monthly industrial production reading slipped to 0.3% from the previous 2.6% revised to 2.8%, which is higher than forecasts of 0.2%; while the yearly reading came in at -12.8%, higher than both prior of -13.4%, which was revised to -13.2% and the predicted -13.2%.

In regards to manufacturing production; it retreated to 0.4% from 2.4% in May and estimated 0.5%; whereas, the annual reading came in at -14.4%, higher than the prior of -15.0% got revised to -14.9% and median expectations of -14.5%.

Trade Balance in Finland showed a widened surplus in June
The Finnish trade balance for June preliminary reading showed a widened surplus of 325 million euros, compared with the advanced 92 million euros surplus, which was revised to 80 million euros surplus.


Finland's industrial production shows improvement
Finland released its monthly industrial production report seasonally adjusted for June coming in at 1.5%, higher than the prior reading of -2.2% revised to -2.3% and compared with expectations of 2.0%. On the year, the non-seasonally-adjusted reading came in at -20.3%, better than both the revised reading of -26.3% from -23.2% and the anticipated reading of -21.2%.

Published on  Mon, Aug 10 2009, 09:58 GMT