U.S. and German bond rate is declining, Italy and Spain will increase the deterioration of the si

Negative sentiment for risky asset markets reporting period, the world's largest stock market indices showed negative results. Week in the U.S. S & P 500 Index and the DJ Stoxx 600 index value decreased nationwide house price index by respectively 1:33% and 2.65%. nationwide house price index The negative sentiment in the stock markets led to political disagreements between Germany and France on the EU banking association establishment of a global economic slowdown. The view was expressed that the stimulus package will not be enough to generate sustainable growth. The situation worsened after the protests in Spain. On Thursday, the mood improved slightly thanks to the Spanish Government's decision to reduce the deficit and speculation on China's further economic stimulus measures. After a one-day rise in the week ended on stock prices declined Spanish critical analysis of the situation and the results of the relatively poor U.S. economic nationwide house price index data due.
U.S. and German bond rate is declining, Italy and Spain will increase the deterioration of the situation in Spain, the cautious investor sentiment is displayed on the secure government bond rate. U.S. and German 10-year government bond rate during the week dropped from 1.753% to 1.634% and from 1.558 to 1.441%. Contrary to what happened in Spain and Italy, where the rate increased from 5653% to 5904% and 5039% to 5081%. Rates in Spain for a while even surpassed the 6% mark. Meanwhile, the Italian long-term bond rates declined week-end, showing the position of investors that Italy is relatively safer country than Spain. As a result, Italy long-term bonds sold at auction 6.65 billion euros, a little short of the 7 billion target.
Mixed economic data from the world anticipated a turnover of China industrial production and retail sectors have become more pessimistic nationwide house price index than three months ago. These sectors is reduced the number of jobs. U.S. GDP growth this year, the second quarter was lower than expected, ie, 1.3%, although nationwide house price index the predicted 1.7%. In Europe, Germany's business confidence index fell. Munich's Ifo Institute's business climate index fell from 102.3 to 101.4, but was expected to rise to 102.5. Positive mood led to the U.S. consumer sentiment index rose from 63.1 to 70.3. Real Estate S & P / Case-Schiller nationwide house price index index increased by 1.2% over the past 12 months. It was 1:05% growth forecast. U.S. initial jobless claims fell by 26 000, reaching 359 000th Overall, the U.S. unemployment rate has fallen nationwide house price index from 8.3% to 8.1% in September. U.S. housing purchases increased by 0.5%, which corresponds to the forecasts. nationwide house price index
Spain protests against austerity measures and critical analysis of the situation in Spain announced that it needs information from the ECB, the extent to which it intends to buy Spanish bonds in order to know whether it will need another source of funding. nationwide house price index Meanwhile, the austerity conditions, the government decided to reduce nationwide house price index the costs and increase taxes. Spanish people expressed nationwide house price index their views starting the violent protests at the parliament building. At the end of the reporting period, an independent nationwide house price index critical analysis of the situation 14 Spanish banks whose loan portfolios together account for about 90% of all loans. Spanish banks lack capital of approximately 59 billion euros. Half of the banks did not pass the test. For example, a bank Bankia, nationwide house price index based on the analysis, the lack of 24.7 billion euros. And three major banks passed the tests, which included a decrease of GDP by 6.5% and the unemployment nationwide house price index rate rose to 27.2% in three years.
SEB Wealth Management, 2012. This review is informative, it does not independently conducted SEB Wealth Management study and does not constitute a recommendation or an offer to buy, sell or hold financial instruments. SEB Wealth Management does not assume responsibility for any inaccuracies or errors and shall not be liable for any loss that may arise in whole or in part using or planning to use the information given in the report. The report contained information obtained from public sources considered reliable evident: www.nasdaqomxbaltic.com, Reuters, Bloomberg, broadcast, BNS, Latvian Bank (www.bank.lv) and SEB Wealth Management does not guarantee the completeness and accuracy of the information, the information can be to change without notice. Reproduction is authorized provided the SEB Wealth Management or the sources acknowledged. Full disclaimer nationwide house price index can be found by http://www.seb.lv/lv/private/services/investments/securities/disclaimer2.
Contact Us | Terms of use 2012, NASDAQ OMX Riga. Website development: IT House, in collaboration nationwide house price index with Asketic