Apr 30, 2012
U.S. growth last Friday very disappointed, analysts Cognitrend in the current edition of "FX-day outlook" of Deutsche Bank.
There may have been the market participants about the U.S. growth last Friday very disappointed, analysts Cognitrend in the current edition of "FX-day outlook" of Deutsche Bank.
Nevertheless, whether at the end of the GDP increased by 2.2 percent after all, been the realization that it was due, above all, consumer spending, this figure had turned out even worse. Because government spending had declined significantly at the same time. Not only because it had been in decline at all levels of government spending money that could boost the economy. Rather, this trend has long-term impact when you consider that the lower expenditure due to staff cuts would have affected about a third of them during the past few years alone teachers.
Meanwhile, the European worries have diminished, at least in the perception of the actors not. Whether you look now at the upcoming auctions in Spain or even the outcome of the French presidential elections. Being easily forgotten in the latter, that France would befinde in the election year and in June would be held more elections to the National Assembly.
And while in the euro-zone adjusting to the fact that saving is out, and growth, one should also not be overlooked, was how broken just in the Netherlands, this trend despite resigning a week before government with an approved multi-party cost-cutting program. At the end of the euro is likely, however, the nose against the U.S. dollar have slightly ahead of what analysts have emphasized that recently received purchase strategy with price target of 1.3350 and a slightly increased risk limit 1.3140. (30.04.2012/ac/a/m)
by erectusplus at 11:06 AM |
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