Market Update: 08 April Weekly Review
US and Canada
The US FOMC minutes showed difference in opinions in relation to the monetary policy rate.
The unemployment rate in Canada decreased for the last month contrary to expectations. According to the report prepared by Statistics Canada, the rate (seasonally adjusted) was 7.1% compared with 7.3% in the previous month. The experts expected the index to maintain at 7.3%.
Europe
The minutes of the last meeting of the ECB showed that there was considered a more significant reduction in the rate.
The British Prime Minister, David Cameron, admitted that he has a share in his father's offshore fund. The reaction comes after the Panama Papers leak that discovered many offshore accounts of influent persons.
Eurozone – the March PMI composite was 53.1 against 53.7.
Eurozone – February level of unemployment was 10.3% against 10.4%, which is a 5-year low. The lowest level is in Germany at around 4.3%.
Greece and creditors got back to the negotiating table this week. There will be discussed the progress in the fiscal policies and reforms.
The latest survey by the newspaper «Opinium for the Observer» showed that 43% of Britons support the Brexit. This is 4% higher than the previous results.
Asia
China – the March PMI index in the service sector by Caixin rose 52.2 against 51.2 in February.
The Reserve Bank of India lowered the rate for the fifth time since the beginning of 2015, to 6.5%.
The Reserve Bank of Australia left the rates unchanged, but was concerned about the strength of the Australian dollar.
US and Canada
The US FOMC minutes showed difference in opinions in relation to the monetary policy rate.
The unemployment rate in Canada decreased for the last month contrary to expectations. According to the report prepared by Statistics Canada, the rate (seasonally adjusted) was 7.1% compared with 7.3% in the previous month. The experts expected the index to maintain at 7.3%.
Europe
The minutes of the last meeting of the ECB showed that there was considered a more significant reduction in the rate.
The British Prime Minister, David Cameron, admitted that he has a share in his father's offshore fund. The reaction comes after the Panama Papers leak that discovered many offshore accounts of influent persons.
Eurozone – the March PMI composite was 53.1 against 53.7.
Eurozone – February level of unemployment was 10.3% against 10.4%, which is a 5-year low. The lowest level is in Germany at around 4.3%.
Greece and creditors got back to the negotiating table this week. There will be discussed the progress in the fiscal policies and reforms.
The latest survey by the newspaper «Opinium for the Observer» showed that 43% of Britons support the Brexit. This is 4% higher than the previous results.
Asia
China – the March PMI index in the service sector by Caixin rose 52.2 against 51.2 in February.
The Reserve Bank of India lowered the rate for the fifth time since the beginning of 2015, to 6.5%.
The Reserve Bank of Australia left the rates unchanged, but was concerned about the strength of the Australian dollar.
0 التعليقات:
إرسال تعليق