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


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Editors’ Picks

AUD/USD eases toward 0.6500 after mixed Australian trade data

AUD/USD eases toward 0.6500 after mixed Australian trade data

AUD/USD is seeing some fresh selling interest in the Asian session on Thursday, following the release of mixed Australian trade data. The pair has stalled its recovery mode, as the US Dollar attempts a bounce after the Fed-led sell-off.   

AUD/USD News

USD/JPY rebounds above 156.00 after probable Japan's intervention-led crash

USD/JPY rebounds above 156.00 after probable Japan's intervention-led crash

USD/JPY is staging a solid comeback above 156.00, having lost nearly 450 pips in some minutes after the Japanese Yen rallied hard on another suspected Japan FX market intervention in the late American session on Wednesday. 

USD/JPY News

Gold price stalls rebound below $2,330 as US Dollar recovers

Gold price stalls rebound below $2,330 as US Dollar recovers

Gold price is holding the rebound below $2,330 in Asian trading on Thursday, as the US Dollar recovers in sync with the USD/JPY pair and the US Treasury bond yields, in the aftermath of the Fed decision and the likely Japanese FX intervention. 

Gold News

Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now

Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now

Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.

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The FOMC whipsaw and more Yen intervention in focus

The FOMC whipsaw and more Yen intervention in focus

Market participants clung to every word uttered by Chair Powell as risk assets whipped around in a frenetic fashion during the afternoon US trading session.

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Majors

Cryptocurrencies

Signatures