Archive for January 1st, 2012

China’s big manufacturers narrowly avoided a contraction in December a survey showed on Sunday, but downward risks persist and suggest the world’s second’s second-largest economy will need fresh policy support to counter a slowdown in growth. The official purchasing managers’ index (PMI), complie… read full news Published: Mon, 02 Jan 2012… »

Dollar/yen ticked lower in the last week of 2011. Will the yen continue strengthening in 2012? The first week doesnt feature any significant economic indicators, so the outlook is mostly technical. Most economic indicators disappointed in Japan in the past week, and show that the country still h… read full news Published: Mon, 02 Jan… »

Things in Spain are never exactly what they seem to be. This is a painful lesson that even Angela Merkel must have learnt in recent days, especially since she put her credibility so much on the line in backing the countrys deficit reduction efforts. Spain has really done its homework and I think… read full… »

The euro has no alternative for the German economy, German Economy Minister Philipp Roesler says in an interview to be published in Handelsblatt on Monday. “Europe has to hold together to successfully compete against the American and Asian markets,” Roesler is quoted as saying. For Germany, an ex… read full news Published: Mon, 02 Jan… »

European leaders have warned of a difficult year ahead, as many economists predict recession in 2012. German Chancellor Angela Merkel said Europe was experiencing its “most severe test in decades” but that Europe was growing closer in the debt crisis. France’s President Sarkozy said the crisis… read full news Published: Mon, 02 Jan 2012… »

Euro/dollar traded in a narrow range in the last week of 2011 but eventually extended its losses for the year. The first week of 2012 is packed with economic indicators as market participants return from their holidays. Here is an outlook for the 11 events awaiting us, and an updated technical… read full news Published:… »

After a dismal decade of falling share prices and rising inflation, 2012 will be a make or break year for millions of savers and investors. Fear has replaced greed as the dominant emotion in global stock markets and there are signs that many individual shareholders are about to throw in the to… read full news… »

The Peoples Bank of China will maintain a prudent monetary stance to ensure policy remains stable in 2012 and improve its management of foreign-exchange, Governor Zhou Xiaochuan said. The central bank will deepen financial reform, accelerate the development of financial markets, and strength… read full news Published: Sun, 01 Jan 2012… »

Europe’s leaders are gearing up for a fresh round of frantic summiteering in 2012 as they battle to safeguard the future of the single currency, amid predictions that the deal struck in December will rapidly be overwhelmed by events. Angela Merkel, the German chancellor, will meet Nicolas Sarkozy… read full news Published: Sun, 01 Jan… »

A Chinese manufacturing index was 50.3 in December compared with a previously reported 49.0 in November, the Beijing-based National Bureau of Statistics and the China Federation of Logistics and Purchasing said in a statement today. A number above 50 indicates expansion. The reading compared wit… read full news Published: Sun, 01 Jan 2012… »