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  • Calendar event / 16 April 2014 at 2:00 GMT

    CN Industrial Output

    forecast
    actual
    Med Industrial Output
    Med Industrial Prod YoY
    +9%
    +8.8%
    Med Industrial Prod MoM
    +0.81%
  • Article / 09 April 2014 at 10:56 GMT

    A sterling recovery for the UK economy: sunshine ahead!

    Neil Staines Neil Staines
    Head of Trading / The ECU Group plc
    United Kingdom
    Today we look at the UK and the pound. After a period where the focus of market attention has been dominated by the monetary policy debates in the US and Eurozone, recent data and projections bring the UK and GBP back to the fore. Our view on both remains very positive.
    Read the article
  • Calendar event / 07 April 2014 at 6:00 GMT

    DE Industrial Production Index

    forecast
    actual
    High Industrial Output (Adjusted) MoM
    +0.2%
    +0.4%
    Med Industrial Output (Adjusted) YoY
    +4.8%
    Med Industrial Output Pct Chg YoY
    +6.2%
    Med Construction Output Pct Chg MoM
    Med Manufacturing Output Pct Change MoM
    06 April
    IDRIS IDRIS
    good
  • Squawk / 21 March 2014 at 9:42 GMT
    Mads Koefoed Mads Koefoed
    Head of Macro Strategy / Saxo Bank
    Denmark
    Italian industrial orders rose 4.8% MoM in January following a similar drop in December. The annual rate of change increased to 2.6% from 1.9%. Industrial sales rose 3% YoY from -0.6% in December. Industrial sales are at their highest level in 18 months.

    Earlier this month industrial production figures were released, which showed an increase of 1% MoM in January (1.4% YoY).
    Read the Squawk
  • Squawk / 12 March 2014 at 10:08 GMT
    Mads Koefoed Mads Koefoed
    Head of Macro Strategy / Saxo Bank
    Denmark
    Euro area industrial production dropped by 0.2% MoM in January vs, +0.5% expected. However, December was revised a bit higher to -0.4% from -0.7%. The annual change in production rose to 2.1% in January from 1.2% when you adjust for the number of workdays.

    Among the "big four" Germany saw production increase by 0.4% while France recorded a drop of 0.3%. Italy gained 1% while Spain posted a 0.2% increase.

    While the US can blame some rather poor weather for mediocre data of late, the weather has been much more benign in Europe, which is evident in the industrial production report. Energy dropped 2.5% in January MoM following a similar sized decline in December. Energy is down 4.6% YoY. Meanwhile capital goods climbed 0.9% MoM while durable goods dropped 0.6%.
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    12 March
    Mads Koefoed Mads Koefoed
    Year-on-year chart...
  • Squawk / 10 March 2014 at 8:16 GMT
    Mads Koefoed Mads Koefoed
    Head of Macro Strategy / Saxo Bank
    Denmark
    Turkish industrial production rose 1.1% MoM in January vs. 0.5% expected. Furthermore December was revised to 0.2% from a flat reading initially. This implies annual growth in production of 7.3% vs. 2.9% expected.

    USDTRY is up 0.1% for the day (it was up as much as 0.5% earlier).
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