The University of Michigan Consumer Confidence Index jumped to 100.9 in February. according to the economists surveyed by the companies in Dow Jones 99.5. Support for USD and US indices.
Import prices MoM for January 0.0% versus -0.2% estimate. The prior month was revised down to 0.2% from 0.3% previously reported import price index ex petroleum +0.2% versus -0.1% estimate. Prior month remained unchanged at +0.2% Import prices year on year 0.3% versus 0.2% estimate. The prior month remained unchanged at 0.5% Export price index MoM 0.7% versus -0.1% estimate. […]
International risks have increased due to the coronavirus epidemic The German economy is still experiencing a period of weakness The industrial sector remains weak But improved business sentiment suggests some stability over the coming months The impact of the coronavirus epidemic on China and trading partners cannot be estimated at this time These are part […]
Very focused on threat of cyber attacks Cyber attacks could accept confidence in financial sector The biggest issue of the federal budget is healthcare spending US spending on healthcare very high for returns Fed likely to need to QE, forward guidance in a downturn He would be concerned about the level of the US debt […]
Comments by ECB governing council member, Gabriel Makhlouf: Coronavirus impact adds to already existing uncertainties and risks It is premature to reach any conclusions But there is potential for a negative shock to global growth in the short-term Beyond that, we must wait and see but recognise that uncertainty has increased The potential consequences of […]
Prior +0.2%; revised to 0.0% Industrial production WDA -4.1% vs -2.5% y/y expected Prior -1.5%; revised to -1.7% The industrial output reported a decline in December, but according to German reading last week, this decline is fully expected and in any case, confirms the slowdown in factory activity in the region towards the end of last […]