• Beige Book shows higher activity in 8 of 12 districts • Employment important for Chinese economy
Tag: Central and Eastern Europe
The latest Euro Rates Update is now available
No big moves as markets eyeing the ECB and the payrolls. Weather brings weak numbers. Not again, ECB. Commission gives homework to Italy. Luckily Euro area has its exports. BoE, auctions and some data today.
House prices increased by 0,3 % (SA) m/m in February Details show that the supply of houses is still high, and we still believe in weakness going forward
Instant view Following last week’s strong Q4 GDP report, we received somewhat weak production figures for January today. Production continued to decline in the manufacturing sector and the uptick in the service sector did not fully compensate the fall in December. However, the value of monthly production figures is limited. The data was indeed a very poor guidance for GDP Q4 and a wide range of other indicators suggest that the recovery of the Swedish economy will continue at a good pace.
• GDP set to grow according to Obama budget plan • Swedish industrial and service sector production due today