
EMU recession – even more pronounced!
UniCredit Group − Wake−up call. Hopes for an economic recovery in the course of the second half of the year disappeared. EMU−wide business climate continues to deteriorate, industrial production is in free fall, the credit crunch is only just starting to have a full impact, and global trade is declining at a rate last seen during the Great Depression.
Revision. That hits Europe particularly hard. The EMU−wide recession in the eurozone is, therefore, becoming more pronounced and will also last longer than projected so far. Economic activity will continue to contract until the end of this year. After the miserable start into the year, we now expect real GDP to shrink by 3½% in 2009. Next year, EMU−wide GDP will do little more than stagnate (+0.1%; pages 4−7 & 8−9).
New Europe Weekly - Turkish economy in sharp decline... but this is not a repeat of the 2001 crisis by Danske Bank A/S
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.Currency Currents by Black Swan Capital
Fri, Mar 13 2009, 12:12 GMT
The Energy Report - A very slippery oil demand slope by Alaron
Thu, Mar 12 2009, 16:54 GMT
Technical Research - Comprehensive FX and Futures Daily Research by FastBrokersFX
Thu, Mar 12 2009, 14:13 GMT
MONTHLY WEBINAR: Part 1 − Trading Forex on a Daily Basis Using Daily Charts
Expert: James Chen
Start: Thu, Mar 19, 13:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Mar 17, 15:00 GMT
Type of Session: Webinar
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Fri, Mar 13 2009, 14:22 GMT
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The Daily Forecaster by FX−Forecaster.com
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FXCM UK Now Offers Spread Betting With No Re−quotes
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ACM Online Trading Firm Receives New Awards!
On February 19th 2009, ACM (ac−markets.com) received two awards during the Banker Middle East Award ceremony held in Dubai.