mynameisandhy Posted January 10, 2013 Author Report Share Posted January 10, 2013 News and Review of European Economic Zone (UK) BoE to keep interest rates at 0.5% Thursday, January 10, 2013 BoE still maintaining interest rates at the level of 0.5% and asset purchase program by as much as £ 375 billion at January's meeting. This match predictions and have not changed from the previous meetings in the month of December. Sterling is still maintaining reinforcement after the data was released. GBP/USD is traded now 1.6060, near high level daily 1.6070 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 12, 2013 Author Report Share Posted January 12, 2013 News and Review of European Economic Zone (Germany) Germany Optimistic Economy Improved in 2013 Friday, January 11, 2013 Germany's economy seems to have experienced a slowdown over the last quarter of 2012, but will be able to rise again in 2013, according to a monthly report released by the Ministry of Economics of Germany on Friday. Economic indicators showed a "significant decline in economic performance" in the 4th quarter in 2012 following the continued debt crisis Euro zone and a drop in demand internationally. The slowdown was especially highly visible on the export-oriented manufacturing sector, with sales of the industrial sector continued to decline throughout the month of September to November, based on the monthly reports. However, in the Government report also showed optimism that the economy will improve international and "a good structural condition" of the economy of Germany will again demonstrate sustainable growth by 2013. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 12, 2013 Author Report Share Posted January 12, 2013 News and Review of European Economic Zone (Italy) An Auction Of Bonds Italy Make Investors Interest Friday, January 11, 2013 Investors seeking yield difference back hunt letter Italy at an auction of bonds on Fridays and lower yield bonds Italy on 3-year tenor below 2 percent for the first time since March 2010 despite still overshadowed Italy election anxiety. Treasury managed to sell bonds worth 3.5 billion Euros with a yield of 1.85% down from 2.5% at the previous auction last month. Italy along with the Spain is the main target program OMT ECB if the problem member and the bailout. This pledge managed to convince investors that bonds with shorter tenor who was a target of ECB bond buying to higher attractive in investors. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 12, 2013 Author Report Share Posted January 12, 2013 News and Review of European Economic Zone Draghi Expressed The European Crisis Has Won The ECB Friday, January 11, 2013 After establish the ECB flower unchanged record level low Thursday 0.75%, ECB, Mario Draghi appear the Conference the a revelatory,. The real economy is still in accordance with central bank projections a month ago, then there is no reason to change the medium-term Outlook for price stability and it also causes the ECB does not change its rates. Regarding the improvement of the situation of the financial markets, Draghi said that the yield of bonds and CDS member countries has dropped significantly, while the stock market strengthened. Volatility also is at a historical level minimum. In addition, Draghi notice any currents of capital inflow to the region a solid Europe. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 14, 2013 Author Report Share Posted January 14, 2013 News and Review of European Economic Zone (Spain) Reliance Banking Funding Reduced Spain Monday, January 14, 2013 Spain's banking continued to reduce their dependency on assistance funding from the European Central Bank in December, following the success of the lenders are in selling the debt to private investors in the Middle meredanya financial market tension. The Data published by the Bank of Spain showed that net borrowing from the ECB off for 4 streak to € 313,11 milyar ($ 417,78 milyar) from € 340,84 milyar in November. In the first half of last year's banking Spain has been very dependent on the financing offered by the central bank after international investors continuously removing assets Spain, amid concerns that the burden of debt Spain has bubbled to become unsustainable. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 14, 2013 Author Report Share Posted January 14, 2013 News and Review of European Economic Zone (UK) Cameron Ignore EU Referendum Monday, January 14, 2013 Prime Minister David Cameron to ignore the possibility of a referendum on membership of the European Union in the United Kingdom. Cameron reiterates desire to remain in the United Kingdom the European Union even though his party would like to re-negotiate the membership of the United Kingdom. "If the United Kingdom will conduct a referendum then it would not be wise to give the community a wrong choice," said Cameron told BBC radio. "Currently much like United Kingdom remained as a member of the European Union but are not happy with the situation and it needs to be revamped." Cameron will point out negotiating the European Union's relations with the United Kingdom and are optimistic it will be able to restore some power that has been given the London to Brussels. However, Cameron also said the United Kingdom is not going to collapse if left the European Union even though the interests of the United Kingdom to remain in the EU. However, there are concerns an effort renegosiasi United Kingdom relations with the European Union can end up to the appearance of the United Kingdom from the European Union. Meanwhile, sterling weakened in the New York session. GBP/USD is traded now 1.6053, away from the high level daily 1.6154 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 14, 2013 Author Report Share Posted January 14, 2013 News and Review of European Economic Zone Euro-Zone Industrial Production Still Weak Monday, January 14, 2013 Euro-zone industrial production fell for three consecutive months as slowing economic aktivitasi in the area. Industrial production down 0.3% for the month of November; worse than the predictions of a rise of 0.2%. Industrial Output in Germany, France and Italy are still weak and this surely confirms the low purchasing power of consumers amid high inflation and the unemployment rate in the euro-zone. However, there is hope the conditions in the euro-zone can be improved. Machines for production of capital goods rose 0.7 percent in November after a decline for two consecutive months. If pr0duksi continues to increase machine then there is hope business activity will rise in the next few months and this certainly can help the euro-zone to get out of the abyss of recession. "Fears of the dissolution of the euro-zone is quite bebani business activities in the year 2012, but can now be seen the situation will be stable," said Ulrike Rondorf, Economist at Commerzbank. Meanwhile, the euro sign is still strengthening at the London session. EUR/USD is traded now 1.3369, not so far from the high level daily 1.3404 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 14, 2013 Author Report Share Posted January 14, 2013 News and Review of European Economic Zone ECB Praet: Interest Rate Low Already Right. Monday, January 14, 2013 Central Bank interest rates currently reach the lowest level, a member of the Executive Board of the central bank said in his statement published on Monday Policy Stance "monter is already appropriately," said ECB Chief Economist Peter Praet of the news Market News International, he adding the bank at this time was in a "wait and see". Semetara the euro zone is still fragile and faced the risk of economic growth, there is "a good chance" that the worst problems as eurozone debt crisis is over, he added. On Thursday, ECB policy makers choose to retain people on lowest as bunga currencies tunggal in 1999, the improvement in the sentiment for a financial in the last and the signs of tentative of growing of trust in perekonominan zona euro. Praet insisted that the decision of the Board of the ECB "really," interview. "Financial Conditions have improved and they are supposed to work out the best way to reach some points of the real economy," he added. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 15, 2013 Author Report Share Posted January 15, 2013 News and Review of European Economic Zone (Germany) Germany to cut an estimated Growth Of 1% to 0.4% for 2013 Tuesday, January 15, 2013 Germany's Government has lowered its estimate of growth in 2013 to be 0.4%, according to officials at the Ministry of economy of Germany. The officials had previously predicted GDP growth of about 1 percent. For 2014, the Government of Germany memperoyeksikan GDP will grow by 1.6 percent, said Ministry officials. Germany's economy Minister Philipp Roesler is scheduled to be announced the latest forecast in Berlin on Wednesday. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 15, 2013 Author Report Share Posted January 15, 2013 News and Review of European Economic Zone (UK) United Kingdom Inflation Is Still High Tuesday, January 15, 2013 Annual inflation stable at a high level the United Kingdom 2.7% for three consecutive months while core inflation growth is slowing down due to the fall in the price of energy products. Core inflation growth reached 2.4% in December; lower than the previous publication of 2.6%. With inflation still remains above the BoE's inflation target then this surely will complicate the central bank to provide additional monetary stimulus. On the other hand, the outlook for economic growth in the United Kingdom still covered an uncertainty over economic predictions BoE United Kingdom will experience a contraction in the last quarter of 2012. Some analysts even suggested a surge in food prices could push inflation rises above 3% in 2013. "It looks like United Kingdom should still be struggling with rising inflation. Quite possibly, inflation will rise sharply in the top 3% in the middle of the year, "said Peter Dixon, Economist at Commerzbank. BoE also predicted inflation will sign the highest rise in the third quarter of 2013 before finally down to below the central bank's target in the next year. Meanwhile, sterling weakened on the London session. GBP/USD is traded now 1.6061, away from high level daily 1.6095 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 15, 2013 Author Report Share Posted January 15, 2013 News and Review of European Economic Zone (Germany) Germany's economy is contracting-0.5% in Q4 2011 Tuesday, January 15, 2013 Germany's economy experienced a contraction is greater than estimated to be 0.5-percent over the Q4 2012, compared to the previous quarter, amounting to + 0.3% over the Euro zone crisis also weighing down the pace of exports and corporate investment. The weak growth rate in Q4 as a whole dragging annual growth to 0.7%, a sharp slowdown compared to 2011 of 3.0%. Although Germany became the foundation of the eurozone debt crisis, but the economy continued to slow down in the second half of last year. The rate of sagging exports and imports in November and industrial orders fell deeper than expectations, where the rate of exports slowed to 4.1% from the previous year's 7.8%. Most economists still expect a rebound rate of GDP of Germany in the coming months. The Government will publish the estimated growth rate of 2013 on Wednesday tomorrow, which is expected to still limited at 0.3%. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 16, 2013 Author Report Share Posted January 16, 2013 News and Review of European Economic Zone The IMF Expected to Approve The Loan Payment for Greece Wednesday, January 16, 2013 The IMF approved the diekspektasikan loan payments of $ 4.39 billion that delayed earlier, after the country successfully completed a program of bond buyback in December. Of the eurozone and the ECB & other international has to darhulu payment Government after Greece for Greece approve newest budget savings program tax and resolving and bond buyback of the debt trim & Greece of 20.6 million euros. Greece is expected to receive a total loan of 32.6 billion in March, which can prevent default. However the IMF is still trying to push the EU into accepting penghapusbukuan Greece amounted to 50 billion euros, so as to reduce the ratio of debt to GDP of Greece to be 120% in 2012 but unfortunately the proposal was rejected. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 16, 2013 Author Report Share Posted January 16, 2013 News and Review of European Economic Zone (Germany) Germany Is Still Worried About The Debt Crisis Wednesday, January 16, 2013 The Association of Germany Industry (DIHK) warned euro-zone debt crisis is far from over. "I was a little wary with the situation now," said Hans Heinrich Driftmann, President of the DIHK. "The economic reforms required for the issuing of the euro-zone from the crisis but there are challenges in carrying out its policy of reforms which had been promised. The risk is still there; even in countries such as France and Italy. " However, Germany still upbeat economics Driftmann may grow 0.7 percent this year. Driftmann prediction is still higher than the estimates of the Government of Germany which had been revised down economic growth forecast to be 0.4% for 2013. Meanwhile, the euro looks trouble continuing her recovery momentum in the London session. EUR/USD is traded now 1.3305, trying to steer clear of high level daily 1.3324 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 16, 2013 Author Report Share Posted January 16, 2013 News and Review of European Economic Zone European Zone inflation Remained 2.2 Percent Wednesday, January 16, 2013 Inflation rates in the European zone unchanged in December over a slow rise in the price of energy products, which offset the high price of food. Consumer prices went up by 2.2%, according to early estimates on January 4, the Agency statistic Uni Europe in Luxembourg released its data on this day. This month, prices rose as much as 0.4%. The European Central Bank on Sunday and still set the interest rates of reference at a record low of 0.75% in level over President Mario Draghi to see "A positive influence" on the economy of the European zone. Price estimate ECB ascended 1.6% year along economy contracting amounting 0.3%. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 17, 2013 Author Report Share Posted January 17, 2013 News and Review of European Economic Zone The European Economy Is Stuck Over The Arrival Statement From Draghi Thursday, January 17, 2013 The economy in the euro area will not be back until the next quarter to grow along with the recent recovery in Italy and in France's economy still in decline, based on a survey of some economists. GDPuntuk 17 countries of the European zone will remain unchanged in the next three months until March, before rising 0.1 percent and 0.2 percent in the second and third quarter, according to estimates of the monthly Bloomberg News survey. This survey follows the suramnya assessment of the President of the European Central Bank Mario Draghi on last week when he said that while this crisis in the European zone has subsided, but he also said that "we would not be at all see a strong recovery at the beginning of the year." The economy last grew the European zone in the third quarter of 2011 and is now still under pressure as there is still a budget cuts by the Government and weak confidence. Coldman Sachs Group Inc. said that authorities have to pay solutions to overcome debt turmoil to encourage growth. "Without a decisive resolution, would be difficult to recover fully in the belief in the private sector and the availability of credit, as well as stimulate growth," said analysts from Goldman in London. "As a result, by 2013 the year promises to be less good for the European economy." Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 17, 2013 Author Report Share Posted January 17, 2013 News and Review of European Economic Zone (Greece) The IMF agreed on help for Greece worth of 3.3 billion euros Thursday, January 17, 2013 The International Monetary Fund or IMF has approved aid worth 3.3 billion euros to Greece as predicted. The IMF has suspended the previous approval for nearly a year while the organization is urging Europe to do a debt restructuring of the country and pressuring Greece to make changes to its economic policies. Although political tensions have subsided in Greece's economy, but economists argue that it is important for Greece to implement the rules of budget and economic policies needed to get help. If Greece is able to balance the balance of the budget this year, Greece mengkin will notice any trimming debt to a level that hasn't been seen before. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 17, 2013 Author Report Share Posted January 17, 2013 News and Review of European Economic Zone (Portugal) The IMF Approve aid for Portugal Worth 838.8 million Euro Thursday, January 17, 2013 The International Monetary Fund or IMF has agreed to give further assistance worth 838.8 million euros to Portugal in addition to funds to help those countries worth 77 billion euros of international aid. The country's lenders, including the IMF, EU and ECB, agreed in September Lisbon for member Anfield to meet target under Fund after the impacted the tax revenues prepared to. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 19, 2013 Author Report Share Posted January 19, 2013 News and Review of European Economic Zone (UK) McCafferty: BOE Should Think Is Open For New Policy Friday, January 18, 2013 Ian McCafferty, one of the policy makers at the Bank of England said that related officials should be open-minded about ways to help economic recovery, this signal indicates that he supports the new measures if it is needed to cope with the weak economy. "We should be open to consider other Orthodox way to conduct monetary policy if it is required," McCafferty said in an interview with Guy Jhonson from Bloomberg Television in London today. "As far as we monitor for the economy in the next few years, if it doesn't start to improve as we expect, then I think we will need to consider what the specific problem that exists in the economy and the extent to which his success of the target policy measures in dealing with a very specific problem. " Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 19, 2013 Author Report Share Posted January 19, 2013 News and Review of European Economic Zone The European Economy Is Stuck Over The Arrival Statement From Draghi Friday, January 18, 2013 The economy in the euro area will not be back until the next quarter to grow along with the recent recovery in Italy and in France's economy still in decline, based on a survey of some economists. GDPuntuk 17 countries of the European zone will remain unchanged in the next three months until March, before rising 0.1 percent and 0.2 percent in the second and third quarter, according to estimates of the monthly Bloomberg News survey. This survey follows the suramnya assessment of the President of the European Central Bank Mario Draghi on last week when he said that while this crisis in the European zone has subsided, but he also said that "we would not be at all see a strong recovery at the beginning of the year." The economy last grew the European zone in the third quarter of 2011 and is now still under pressure as there is still a budget cuts by the Government and weak confidence. Coldman Sachs Group Inc. said that authorities have to pay solutions to overcome debt turmoil to encourage growth. "Without a decisive resolution, would be difficult to recover fully in the belief in the private sector and the availability of credit, as well as stimulate growth," said analysts from Goldman in London. "As a result, by 2013 the year promises to be less good for the European economy." Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 21, 2013 Author Report Share Posted January 21, 2013 News and Review of European Economic Zone (UK) McCafferty: BOE Should Think Is Open For New Policy Monday, January 21, 2013 Ian McCafferty, one of the policy makers at the Bank of England said that related officials should be open-minded about ways to help economic recovery, this signal indicates that he supports the new measures if it is needed to cope with the weak economy. "We should be open to consider other Orthodox way to conduct monetary policy if it is required," McCafferty said in an interview with Guy Jhonson from Bloomberg Television in London today. "As far as we monitor for the economy in the next few years, if it doesn't start to improve as we expect, then I think we will need to consider what the specific problem that exists in the economy and the extent to which his success of the target policy measures in dealing with a very specific problem. " Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 22, 2013 Author Report Share Posted January 22, 2013 News and Review of European Economic Zone (Spain) Bond Auctions Spain Success Tuesday, January 22, 2013 Spain returns success selling government bonds over meredanya concerns over no. 4 largest economies in the euro-zone. Madrid managed to get the Fund € 2.8 billion; target exceeded € 2.5 billion when it sells bonds raised three months. Borrowing costs also dropped if seen from the bonds yield only reaches 0.441%; better than the previous auction 1.358%. Investor interest was also high enough if viewed from the bid to cover ratio reaching 4.19 x; higher than the previous auction 2.95 Although Prime Minister Mariano Rajoy has still not filed a request for the intervention of ECB bond market; But investors seemed pretty sure Rajoy would ultimately submit the request. Investors don't want to take risks with the ECB are to intervenes if Madrid agree with prasyaratnya. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 22, 2013 Author Report Share Posted January 22, 2013 News and Review of European Economic Zone Eurogroup Will Approve Financial Transaction Tax Tuesday, January 22, 2013 Eurogroup predicted enactment of the agreement will provide a financial transaction tax in 11 countries of the euro-zone members at a meeting today, according to a Reuters report. Germany, France, Italy, Spain, Austria, Portugal, Belgium, Estonia, Greece, Slovakia, and Slovenia would soon start preparations for the enactment of the tax after getting approval from the Eurogroup. It certainly can reduce the activity of trade banking and trading houses although can be fun people who like to the financial sector contribute more in the aftermath of the financial crisis. The tax is predicted will provide extra income of up to € 20 billion per year. "There is enough support from a majority of Finance Ministers. Looks like the Eurogroup will give approval for the 11 members of the euro-zone to impose a tax on financial transactions, "according to the diplomat, who presenter Reuters. Germany and France have decided to team up with some members of the euro-zone to implement the tax after the attempt to impose in all euro-zone ended in failure. Meanwhile, European stock exchanges weakened on the London session. Germany DAX index declined 0.48 percent while the CAC in France and Spain IBEX each down as much as 0.22% and 0.4%. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 22, 2013 Author Report Share Posted January 22, 2013 News and Review of European Economic Zone (UK) United Kingdom Government Budget Deficit Rose Tuesday, January 22, 2013 The Government's budget deficit goes up at the end of the year 2012 as the soaring Government spending and slowed the growth of tax revenue amid the fragile economic recovery of the United Kingdom. Government funding shortfall reached £ 15.4 billion; worse than the publication last year of £ 14.8 billion. Government spending rose 5.4 percent while revenue rose just 3.6%. The worsening budget deficit is certainly the difficulties faced by the Finance Minister Osborne to trim the deficit to a healthy level by 2015. Three of the world's major rating agencies-the S & P, Moody 's, and Fitch — have warned United Kingdom may lose its AAA credit rating. Investors also look ask for higher yields to hold government bonds amid a fragile economic recovery. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 23, 2013 Author Report Share Posted January 23, 2013 News and Review of European Economic Zone (Spain) Spain Recession in Fourth Quarter Self In. Wednesday, January 23, 2013 Spain experienced a deep recession in the final quarter of 2012, after the government of Prime Minister Mariano Rajoy approved a package of austerity fifth time in a year to reduce the second-largest budget deficit in the euro zone. Spanish GDP shrank for the sixth quarter, contracting by 0.6% from the previous three months, when it fell as much as 0.3%, the Bank of Spain said in its monthly bulletin estimates released in Madrid today. The fourth-quarter GDP according the median estimate of a survey conducted on 26 economists by Bloomberg News. Rajoy sought to avoid a full bailout as the economic decline in the country with the fourth largest economy in the euro zone is entering his fifth year, it is disturbing European efforts to meet the deficit reduction targets set by the European Union. The European Central Bank promised to provide support to countries that are struggling to lower yield, that may be it can reduce the cost of borrowing to the country's recovery, the ECB said last month. "It's hard to see a recovery in the near future," said Sara Balina, chief economist for Spain from consultancy Analistas Financieros Internacionales. "Budget cuts that would be needed if more of Spain reduced the deficit target or not by the European Union." Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted January 23, 2013 Author Report Share Posted January 23, 2013 News and Review of European Economic Zone (UK) Effects doubt BoE Asset Purchase Program Wednesday, January 23, 2013 Programs that more asset purchases to lower borrowing costs in the UK, but this does not mean the demand will increase, according to the BoE minutes released Wednesday. Could imply that the BoE Minutes doubt the effects of the asset purchase program, and this can sinyalkan central bank probably will not increase its asset purchase program at a subsequent meeting. Sterling extended gains after minutes released. GBP / USD is now diperdagankan 1.5876, moving away from a daily low of 1.5802. BoE Minutes show all central bankers agreed to keep interest rates at the level of 0.5% at the January meeting. David Miles is the only BoE officials who want to increase its asset purchase program as much as £ 25 billion. This is according to predictions and unchanged from the previous minutes in December. For the majority of BoE officials, economic development in the country and abroad have shown the need for additional stimulus especially with inflation still above the BoE's target of 2%. Although the minutes showed there is still room to increase its asset purchase program to boost economic growth but BoE officials concerned of the impact began to decrease. Quote Link to comment Share on other sites More sharing options...
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