Weekly Macro

8 December 2014, 09:48
Francesco Sgarbossa
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The last week macro data  showed a weak economy in  euro area, while health in USA and England. The PMI data in the euro in November are down compared to October, the picture is very different in Inghilerra where SMEs is rising as well as the concerned Ism in USA.

The ECB has expressed the estimates on the data of inflation: in 2015 the GDP growth should be in the 1% and inflation of 0.7%.

On the currency market it follows obviously that the dollar and the pound continues to be strong, weak yen and euro continue to fall.

Also down some currencies Minoti as the Norwegian krone, the Australian dollar and the Mexican peso.

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