http://www.cnbc.com/id/100375995
US Economy to Grow 2.5% This Year: Fed's Evans
Published: Monday, 14 Jan 2013 | 2:14 AM ET
The U.S. economy is expected to grow by 2.5 percent in 2013, improving to 3.5 percent growth in 2014, top Fed official Charles Evans said on Monday.
Monday, January 14, 2013
Sunday, January 13, 2013
What Are Gold Bugs Afraid Of?
http://www.cnbc.com/id/100375832
What Are Gold Bugs Afraid Of?
Published: Sunday, 13 Jan 2013 | 10:37 PM ET
By: Michael Ivanovitch | President, MSI Global
The price of an ounce of fine gold entered this Millennium at $271.1, one of the lowest gold prices in the previous 20 years. Since then, the price of gold has soared more than five-fold. Over the same period, the Dow Jones Industrial Average increased 16.5 percent. Corrected for inflation, gold returned a whopping 480 percent, while real returns on major stock market indices in the U.S. and in the euro area were negative - in double digits.
What Are Gold Bugs Afraid Of?
Published: Sunday, 13 Jan 2013 | 10:37 PM ET
By: Michael Ivanovitch | President, MSI Global
The price of an ounce of fine gold entered this Millennium at $271.1, one of the lowest gold prices in the previous 20 years. Since then, the price of gold has soared more than five-fold. Over the same period, the Dow Jones Industrial Average increased 16.5 percent. Corrected for inflation, gold returned a whopping 480 percent, while real returns on major stock market indices in the U.S. and in the euro area were negative - in double digits.
Oil Curbed by 'Fountain' of North American Supply: Survey
http://www.cnbc.com/id/100375837
Oil Curbed by 'Fountain' of North American Supply: Survey
Published: Sunday, 13 Jan 2013 | 10:14 PM ET
By: Sri Jegarajah
Market Reporter, CNBC Asia Pacific
Oil prices may rise this week, boosted by expectations of further weakness in the U.S. dollar against its European counterpart and on indications global growth is improving, according to CNBC's latest survey of oil market sentiment, though gains may be limited by increased supply from North America.
Oil Curbed by 'Fountain' of North American Supply: Survey
Published: Sunday, 13 Jan 2013 | 10:14 PM ET
By: Sri Jegarajah
Market Reporter, CNBC Asia Pacific
Oil prices may rise this week, boosted by expectations of further weakness in the U.S. dollar against its European counterpart and on indications global growth is improving, according to CNBC's latest survey of oil market sentiment, though gains may be limited by increased supply from North America.
Turkey: The narrowing in the current account deficit has neared to an end
Turkey: The narrowing in the current account deficit has neared to an end
At USD 4.5bn, November's current account deficit was lower than the market consensus and our forecast (USD 4.8bn). Consequently, 12-month cumulative current account deficit declined to USD 51.9bn, from USD 52.8bn in October. Non-energy current account balance on a 12-month cumulative basis turned into a surplus of USD 0.4bn, from a deficit of USD 0.8bn in October. 12-month cumulative net gold exports increased to USD 5.6bn, from USD 5.2bn in October, and continued to contribute to the narrowing in the current account deficit.
At USD 4.5bn, November's current account deficit was lower than the market consensus and our forecast (USD 4.8bn). Consequently, 12-month cumulative current account deficit declined to USD 51.9bn, from USD 52.8bn in October. Non-energy current account balance on a 12-month cumulative basis turned into a surplus of USD 0.4bn, from a deficit of USD 0.8bn in October. 12-month cumulative net gold exports increased to USD 5.6bn, from USD 5.2bn in October, and continued to contribute to the narrowing in the current account deficit.
Friday, January 11, 2013
Chile: The government will announce measures to make exports more competitive.
11 January 2013
Florencia Vazquez,Gustavo Arruda,Marcelo Carvalho,Nader Nazmi - Market Economics
Daily Latam Spotlight | 11 Jan 2013 06:00 |
Chile: The government will announce measures to make exports more competitive.
CHILE
Government will announce measures to make exports more competitive. Finance Minister Felipe Larrain affirmed that next week the government will unveil competitive measures. According to Larrain, the upcoming measures are not necessarily on the exchange rate.
Florencia Vazquez,Gustavo Arruda,Marcelo Carvalho,Nader Nazmi - Market Economics
Daily Latam Spotlight | 11 Jan 2013 06:00 |
Chile: The government will announce measures to make exports more competitive.
CHILE
Government will announce measures to make exports more competitive. Finance Minister Felipe Larrain affirmed that next week the government will unveil competitive measures. According to Larrain, the upcoming measures are not necessarily on the exchange rate.
Lowest vacancy rate on the German office market in 10 years
Lowest vacancy rate on the German office market in 10 years
Andreas Trumpp
Overall take-up above average thanks to strong fourth quarter
January 10, 2013, Munich – In Q4 2012, office tenants were once again ready to do business and hit the market with a year-end spurt generating take-up of around 2.77 million m² in six German office markets: Berlin, Düsseldorf, Frankfurt am Main, Hamburg, Munich and Stuttgart. Andreas Trumpp, Head of Research at Colliers International, Germany, says, “Although we experienced a decline of around 9 percent from 2011, it was to be expected considering the above-average number of major deals we recorded that year. At the end of the day, we even managed to somewhat exceed our expectations for 2012.” Results for the last office leasing year were up by around 126,000 m² from the ten-year average of 2.64 million m². In addition, a considerable portion of the drop in sales can be attributed to the fact that owner-occupier take-up decreased by half.
http://www.colliers.com/en-gb/frankfurt/insights/market-news/20130109_german-office-market_q42012
Andreas Trumpp
Overall take-up above average thanks to strong fourth quarter
January 10, 2013, Munich – In Q4 2012, office tenants were once again ready to do business and hit the market with a year-end spurt generating take-up of around 2.77 million m² in six German office markets: Berlin, Düsseldorf, Frankfurt am Main, Hamburg, Munich and Stuttgart. Andreas Trumpp, Head of Research at Colliers International, Germany, says, “Although we experienced a decline of around 9 percent from 2011, it was to be expected considering the above-average number of major deals we recorded that year. At the end of the day, we even managed to somewhat exceed our expectations for 2012.” Results for the last office leasing year were up by around 126,000 m² from the ten-year average of 2.64 million m². In addition, a considerable portion of the drop in sales can be attributed to the fact that owner-occupier take-up decreased by half.
http://www.colliers.com/en-gb/frankfurt/insights/market-news/20130109_german-office-market_q42012
Thursday, January 10, 2013
Exceptional 4Q pushes Global Commercial Real Estate Investment Volumes to $436B in 2012
Exceptional 4Q pushes Global Commercial Real Estate Investment Volumes to $436B in 2012
Jones Lang LaSalle preliminary numbers show U.S. fiscal cliff tax concerns and pent-up demand lifted 4Q volumes to end the year ahead of 2011
● Preliminary global volumes beat forecasts to end 2012 at $436 billion, a slight increase over 2011’s $435 billion and a 36 percent increase over 2010.
Jones Lang LaSalle preliminary numbers show U.S. fiscal cliff tax concerns and pent-up demand lifted 4Q volumes to end the year ahead of 2011
● Preliminary global volumes beat forecasts to end 2012 at $436 billion, a slight increase over 2011’s $435 billion and a 36 percent increase over 2010.
Brazil: Inflation finishes 2012 above target
Brazil: Inflation finishes 2012 above target
Gustavo Arruda - Market Economics
Latam Macro Snapshot | 10 Jan 2013 14:34 |
IPCA inflation ended 2012 at 5.84%, and we see more upward pressure going forward. The annual reading was above the 4.5% official target centre, although still below the target tolerance ceiling of 6.5%. In the annual comparison, inflation will continue to increase in the coming months, in our view. We fear it may breach the inflation target ceiling of 6.5% already during the first half of the year.
Gustavo Arruda - Market Economics
Latam Macro Snapshot | 10 Jan 2013 14:34 |
IPCA inflation ended 2012 at 5.84%, and we see more upward pressure going forward. The annual reading was above the 4.5% official target centre, although still below the target tolerance ceiling of 6.5%. In the annual comparison, inflation will continue to increase in the coming months, in our view. We fear it may breach the inflation target ceiling of 6.5% already during the first half of the year.
Mexico: Growth decelerated into Q4
Mexico: Growth decelerated into Q4
Nader Nazmi - Market Economics
Latam Macro Snapshot | 10 Jan 2013 16:20 |
Mexico’s monthly GDP proxy (IGAE) expanded 0.2% m/m (sa), slightly weaker than our 0.3% m/m forecast. On an annual basis, growth accelerated from 1.2% y/y in September to 4.3% y/y in October.
Nader Nazmi - Market Economics
Latam Macro Snapshot | 10 Jan 2013 16:20 |
Mexico’s monthly GDP proxy (IGAE) expanded 0.2% m/m (sa), slightly weaker than our 0.3% m/m forecast. On an annual basis, growth accelerated from 1.2% y/y in September to 4.3% y/y in October.
Chile: Monthly survey of economists will be the highlight.
CHILE
Yesterday, the survey of financial market participants showed few changes. The only change in the report was the 12 months inflation, which edged up to 3.0% from 2.9% in the last report.
Yesterday, the survey of financial market participants showed few changes. The only change in the report was the 12 months inflation, which edged up to 3.0% from 2.9% in the last report.
Subscribe to:
Posts (Atom)