KBC News Picks
Other: UK Q2 GDP delcines more than expected
Mon, Jul 27 2009, 07:32 GMT
by KBC Market Research Desk
KBC Bank | View company's profile
Vote:

0

0
EMU: IFO and PMI’s indicate an improvement in economic activity in the second half of the year
In July, the German IFO business climate indicator improved for the fourth consecu-tive month as the index rose from 85.9 to 87.3. The improvement was visible in the current assessment (84.3 from 82.4) and the expectations (90.4 from 89.5) sub-indices.
The advanced European PMI for the month of July also came out better than ex-pected. Both manufacturing survey (46.00 from 42.6) and the services sub-index (45.6 from 44.7) contributed to the improvement. The composite index rose form 44.6 to 46.8. While the levels in the overall indicators and in most sub-indices are still below the 50 boom-or-bust level, the data suggest that some improvement in eco-nomic activity is highly probably going into the second half of this year.
Other: UK Q2 GDP delcines more than expected
Economic activity in the UK shrank in the second quarter by 0.8% Q/Q, according to a publication of the Office for National Statistics. Economic activity declined by 5.6% compared to the same quarter last year. Output of services declined by 0.6% Q/Q, industrial production output was estimated to have fallen 0.7% Q/Q, manufacturing output declined by0.3% and construction showed a negative growth of -2.2% Q/Q. The outcome of this release was weaker than expected. The release might be impor-tant input for the BoE when it will decide whether or not to extend its QE early in Au-gust.
Published on
Mon, Jul 27 2009, 07:37 GMT
Archive
- US: CPI stayed flat in February restrained by energy
Published On Fri, Mar 19 2010, 08:08 GMT
- US: PPI falls more than expected on energy
Published On Thu, Mar 18 2010, 08:26 GMT
- US: Industrial production unexpectedly rose in February
Published On Tue, Mar 16 2010, 08:10 GMT
- US: Core Retail sales surge, as the consumer kicks back
Published On Mon, Mar 15 2010, 08:36 GMT
- Other: UK trade deficit biggest since August 2008
Published On Wed, Mar 10 2010, 08:43 GMT
[ View All ]
Legal disclaimer and risk disclosure
This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.
Vote:

0

0
Related reports
Swiss Central Bank surprises market by eToro
Fri, Mar 19 2010, 09:58 GMT
Greek uncertainty unsettles the euro by World First UK Ltd
Fri, Mar 19 2010, 08:50 GMT
Muted start for metals, palladium poised by The Bullion Desk
Fri, Mar 19 2010, 08:41 GMT
Implications of a Chinese revaluation by Danske Bank A/S
Fri, Mar 19 2010, 08:29 GMT
Euro to fight an uphill battle as poltical bickering on Greece rescue plan continues by KBC Bank
Fri, Mar 19 2010, 08:17 GMT
indicator, gdp, uk
[ View All ]
Related content
Forex: USD/CAD plunges to 1.0100 after higher than expected Core CPI
FXstreet.com | Fri, Mar 19 2010, 11:17 GMT
Canadian core CPI grows exceeds forecast
FXstreet.com | Fri, Mar 19 2010, 11:11 GMT
Canadian CPI grows 0.4% MoM and 1.6% YoY in Feb
FXstreet.com | Fri, Mar 19 2010, 11:00 GMT
Commodities: Gold well supported north of $1120
FXstreet.com | Fri, Mar 19 2010, 09:32 GMT
German PPI flat versus slight growth forecast
FXstreet.com | Fri, Mar 19 2010, 07:09 GMT
indicator, gdp, uk
[ View All ]
The FX Trader’s Link » Higher CPI in Canada keeps the currency supported
Fri, Mar 19 2010, 12:11 GMT
The FX Trader’s Link » EURUSD pressured and SNB comments sends EURCHF down
Fri, Mar 19 2010, 01:44 GMT
Índice BSI - Todas las industrias (QoQ) Japón baja a -2.4 en 1Q desde -1.9
Wed, Mar 17 2010, 23:59 GMT
FX Path » Spot Gold - Bearish Correction to Long-Term Uptrend Line
Fri, Mar 12 2010, 01:34 GMT
Chartology » Aussie Continuation
Fri, Mar 12 2010, 01:33 GMT
indicator, gdp, uk
[ View All ]
How to Install Metatrader Indicators - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
Sessions - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
Bear Bull Power - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
B Clock - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
AMA Slope - Forex Forum - FXstreet.com
Thu, Mar 4 2010, 07:36 GMT
indicator, gdp, uk
[ View All ]
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2010 "FXstreet.com. The Forex Market" All Rights Reserved.