European stocks moving Up Sustained Positive China Data. Moving European shares rose on Thursday after further evidence of the improvement in economic conditions in China, although investors remained wary ahead of ECB rate decision. Observed so far London's FTSE index rose 0.13% in the level of 6,062.50, while Germany's DAX rose 0.15% to a level of 7,737.0 and France's CAC fell thinly traded 3,713.0 -0.07% so far. The pace of China's exports soared sharply to 7-month highs in December, posted a solid recovery after the seventh consecutive quarter slowdown. Trade balance data released Thursday showed China's export growth rate of 14.1% last month compared to the previous year.
However reinforcement is still limited because of the attitude of wait-and-see investors ahead of ECB rate decision and press conference the President of the ECB. Although there has not diekspektasikan ECB interest rate changes, but Mr. Draghi is still potential to provide signals ECB rate cuts in coming months.
French Industrial Production Rises
Optimism seems to demand the end of the year managed to increase the activity of the industrial sector in France. It can be seen from the industrial production rose 0.5% in November; better than 0.2% and the prediction of an earlier publication which fell 0.6%. Improvement in industry conditions can certainly provide hope of the French economy could avoid a recession after GDP biggest economy in the euro-zone 2 is stagnant in recent quarters. Meanwhile, the euro is seen trying to reduce the attenuation in the London session. EUR / USD is now trading 1.3065, try to stay away from the daily low of 1.3038.
However reinforcement is still limited because of the attitude of wait-and-see investors ahead of ECB rate decision and press conference the President of the ECB. Although there has not diekspektasikan ECB interest rate changes, but Mr. Draghi is still potential to provide signals ECB rate cuts in coming months.
French Industrial Production Rises
Optimism seems to demand the end of the year managed to increase the activity of the industrial sector in France. It can be seen from the industrial production rose 0.5% in November; better than 0.2% and the prediction of an earlier publication which fell 0.6%. Improvement in industry conditions can certainly provide hope of the French economy could avoid a recession after GDP biggest economy in the euro-zone 2 is stagnant in recent quarters. Meanwhile, the euro is seen trying to reduce the attenuation in the London session. EUR / USD is now trading 1.3065, try to stay away from the daily low of 1.3038.
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