RSS Subjects — Blogs about "Euro area"

Euro area

An exercise in futility ?..
2007-11-07 16:33:00
The US Dollar gets into a free fall against most other assets after a Chinese official hints at diversifying deployment of reserves into stronger currencies The Euro sped past 1.47. It appears it’s only a matter of time we see 1.50 Crude nudges $100 per barrel. Still a little short of it but not much Gold goes past ...

By: Intelligentguess

Euro area bank lending standards are tightening
2007-10-11 19:20:00
? Banks face significant pressures from funding needs, revaluation of assets, and balance sheet expansion ? Reduced credit supply to reinforce moderation of credit demand It now looks likely that the stress in Euro area money and credit markets will continue for a while, as the increase in liquidity preference on the part of banks and other ...

By: Forex Trading Blog

Europe : No change in rates (ECB expresses fears over the medium and longer
2007-07-06 00:38:00
The ECB at at today?s meeting decided to leave the key ECB interest rates unchanged at 4.00%. The ECB stated that Monetary policy is still on the accommodative side The ECB’s percepective on its future expectations is explained below: . Economic Activity Economic activity in the euro area in the second quarter of 2007 continued to expand in line with the ECB’s baseline scenario. ...

By: Intelligentguess

Europe : Producer Prices in May?07 grew at its slowest pace since July?04 (
2007-07-05 08:30:00
Situation On a monthly basis Producer prices rose by 0.34% (0.43% in Apr?07) On an annual basis Producer prices rose by 2.36% p.a ( 2.37% p.a in Apr?07) Background Oil prices have risen by 6.29% on an average in Jun?07 (over May?07). This cause Core CPI ( ex Energy) to start rising. The European Commercial bank ( ECB) aims at inflation ( CPI ) rates of below, but close to, ...

By: Intelligentguess

Europe - Inflation down in May?07, but rising energy prices can change this
2007-07-03 14:30:00
Situation On a monthly basis Consumer prices rose by 0.24 % (0.63 % in Apr?07) On an annual basis Consumer prices rose by 1.87 % p.a ( 1.91% p.a in Apr?07) On an monthly basis Core Consumer prices - EFAT ( Ex Energy, Food , Alchohol and Tobbaco ) rose by 0.17 % p.a ( 0.53 % p.a in Apr?07) On an annual basis Core Consumer prices ( EFAT) rose by 1.94% p.a ( 1.90 % p.a in Apr?07) Background Oil ...

By: Intelligentguess

Euro - Orders in Apr?07 grow at the same pace as Mar?07
2007-06-26 09:24:00
Situation On a monthly basis production cont-racted by -0.45% ( grew by 2.85% in Mar?07) On a yearly basis production has grown by 9.03% p.a ( grew by 10.17 % p.a in Mar?07) Background Production has been on a downward growth trend since May?06 ( 5.64% p.a in May’06 and 3.06% p.a now) The ECB raised interest rates to 4.00% on June 6 2007 Conclusion (click on image ...

By: Intelligentguess

Trade Status - Q1 2007
2007-06-25 01:20:00
Goods as a % of GDP USA Euro Zone Japan UK India 2006q01 -6.39% -0.15% 1.59% -6.71% -5.7% 2006q02 -6.40% 0.34% 1.68% -7.06% -9.3% 2006q03 -6.57% 0.37% 1.92% -6.09% -8.8% 2006q04 -5.95% 0.95% 2.24% -6.12% -8.5% 2007q01 -5.90% 0.36% 2.39% -6.20% . Goods and Services as a % of GDP USA Euro Zone Japan UK China India 2006q01 -5.83% -0.67% 1.49% -4.37% 3.24% 0.91% 2006q02 -5.84% -0.33% 1.09% -4.82% 2.68% -2.21% 2006q03 -5.98% -0.23% 1.39% -3.91% 2.54% -2.57% 2006q04 -5.26% 1.02% 1.79% -3.70% 7.14% -1.37% 2007q01 -5.19% -0.07% 2.21% -3.87% . Balance of payments ( BOP) as a % of GDP USA Euro Zone Japan UK China India 2006q01 -6.17% -0.58% 4.48% -3.40% 4.45% 6.60% 2006q02 -6.23% -0.27% 3.15% -2.99% 3.50% 3.44% 2006q03 -6.53% -0.14% 4.27% -3.22% 3.30% 1.24% 200...

By: Intelligentguess

Europe - Production in Apr?07
2007-06-21 02:59:00
Situation On a monthly basis production cont-racted by -0.83% ( grew by 0.54% in Mar?07) On a yearly basis production has grown by 3.06 % p.a ( grew by 3.95 % p.a in Mar?07) Background Production has been on a downward trend since May’06 ( 5.64% p.a) The ECB raised interest rates to 4.00% on June 6 2007 Conclusion ( click on image for a better visual) Production looks ...

By: Intelligentguess

Euro Area raises interest rates to 4.0%; Global Money Supply
2007-06-07 13:44:00
The European Central Bank (ECB) raised its key interest rate to 4% yesterday in an effort to cool off surging economic growth. Last Friday, April unemployment fell to 7.1%, the lowest level sinc...

By: The Loose Cannon2

Euro GDP continues to grow at a faster pace in Q1 2007
2007-06-01 11:35:00
Situation On a quarterly basis GDP grew by 0.92% ( was 0.89% in Q4 2006) On an annual basis GDP grew by 3.42% p.a in Q1 2007 ( was 3.33% p.a in Q4 2006) Background Europe - New Orders grow in Mar?07 Euro area - Production growth sustained in Mar?07 Euro area - Core inflation ( CPI ) growth at ...

By: Intelligentguess

Europe - New Orders grow in Mar?07
2007-05-31 00:30:00
Situation On a monthly basis orders grew by 2.90% ( -0.59 % drop in Feb?07) On a yearly basis orders grew by 10.21 % p.a ( 5.94% p.a growth in Feb?07) Background Interest rates have been raised in Dec?06 towards 3.5% and in Mar?07 towards 3.75%. Members of the ECB have said that interest rates would again be be increased in Jun?07 Orders have been declining since ...

By: Intelligentguess

Euro area - Production growth sustained in Mar?07
2007-05-18 08:53:00
Situation On a monthly basis production grew by 0.44% ( 0.47% growth in Feb?07) On a yearly basis production grew by 3.80% p.a ( 4.02% p.a growth in Feb?07) Background Interest rates have been raised in Dec?06 towards 3.5% and in Mar?07 towards 3.75%. Members of the ECB have said that interest rates would again be be increased in Jun?07 Orders have been declining since ...

By: Intelligentguess

Europe - Producer Prices : Prices in Mar?07 rise at the lowest pace since J
2007-05-15 09:00:00
Situation On a monthly basis prices rose by 0.28 % (0.35 % in Feb?07) On an annual basis prices rose by 2.78 % p.a ( 2.97% p.a in Feb?07) Background The annual inflation is at its lowest levels since July 2004 ( 2.87% p.a) The European Commercial Bank (ECB) had raised its interest rates from 3.25% to 3.75%, in Dec?06 (25 basis ponts), and in Marc?07 ...

By: Intelligentguess

Euro area - Inflation (CPI) flat in Mar?07
2007-04-17 09:39:00
Situation On a monthly basis Prices rose by 0.67% (0.29% in Feb’07) Core inflation ( inflation excluding volatile items) grew by 0.72% (0.39% in Feb’07) On an annual basis Prices rose by 1.94% p.a ( 1.84% p.a in Feb’07) Core inflation ( inflation excluding volatile items) grew by 1.87% p.a (same as in Feb’07) Background Producer prices have been on a decline since Jun’06 ( 2.92% ...

By: Intelligentguess

Euro area - Production (IIP) grows in Feb?07
2007-04-16 09:00:00
Situation On a monthly basis IIP grew by 0.57% in Feb’07 ( as compared to a -0.46% in Jan’07) On an annual basis IIP grew by 4.21 % p.a in Feb’07 ( as compared a 3.40% p.a in Jan’07) Background Interest rates have been raised in Dec?06 towards 3.5% and in Mar?07 towards 3.75%. As per the previous report on IIP, Production ...

By: Intelligentguess

Euro area - Producer Prices ( PPI) : Prices rise at the lowest pace since A
2007-04-06 08:47:00
Situation On a monthly basis prices were up by 0.32% in Feb’07 ( Jan’07 prices increased by 0.23%) On an annual basis prices rose by 2.92 % p.a in Feb’07 ( Jan’07 prices increased by 3.08%). This is the lowest rate of growth since Aug’04 ( 3.09% p.a). Background The European Commercial Bank (ECB) had raised its interest rates from 3.25% ...

By: Intelligentguess

Euro area - New orders grow in Jan?07 ( but is this sustainable ? )
2007-03-29 09:24:00
Situation On a monthly basis - New orders were down to a negative growth of -0.19% in Jan’07 as compared to Dec’06. (growth of 1.76% in Dec’06 and 0.76% in Nov’06 ) On an annual basis - New orders increased by 9.99 % p.a ( growth of 6.41% p.a in Dec’06 and 7.22% p.a in Nov’06 ) Background Interest rates have ...

By: Intelligentguess