USD

victorious march of the dollar continued yesterday, which helped him to strengthen against the euro and 5-month high. Nevertheless, the strength of the dollar does not feed on the positive economic prospects for the U.S., but rather concerns about the state of other regions of the world. Recent actions by China in an attempt to cool economic growth bode downturn in the world of activity. Yesterday the authorities “Celestial” announced plans to control the pace of lending, and rumors on the limitation of bank lending. Thus, the prospects for so-so, given the problems with demand, which do not allow other economies to increase production volumes.

Thus, in the near future is to pay close attention on data from China that may have an impact on the draft risk appetite among market players. However, the economic reports from the United States should not be entirely discounted.

Quantity laid in December of building foundations in the United States declined more than analysts expected, while the number of permits unexpectedly rose. This may indicate that severe weather conditions have forced builders to temporarily refrain from work. According to figures published by the Ministry of Commerce in Washington, in December began construction of 557 thousand houses, which is 4% lower than in November. Meanwhile, the number of issued building permits increased by 10,9% to 653 thousand, which has seen a record rise last year. This pattern suggests that the sect1000or could still start to recover soon. A separate report showed that U.S. producer prices in December was so slight that recovering from the recession the U.S. economy need not fear a spike in inflation.

This day will pass without raisins - from the targeted only weekly data on the number of complaints and report on business activity in the manufacturing sector FRB Philadelphia. And he and another important figure in the economic picture of the U.S., but has little influence on the instantaneous exchange market. In the future, the same 4-week moving average number of calls can be an excellent indicator of the labor market - a fundamental factor in the health of the country.

EUR

euro came under pressure not only in connection with the market mood, but also as a result of breaking key technical levels. His role in weakening the currency also continued to play an unstable situation in the region. A single report from Italy failed to support the currency, despite the fact that growth in industrial orders exceeded forecasts. Seasonally-weighted industrial orders in November rose by 2.6% against the revised to increase the growth of 0,6% in October.

Today will be published data on business activity in manufacturing and services eurozone. Condition of the region recently, causing great concern regarding the state of some of E-16. Naturally, the growth index in January is unlikely to cause demand for the euro, but weakened target will undoubtedly be another argument in favor of sales currency.

GBP

pound bear up during yesterday”s trading, but the new wave of flight from risky assets has forced the same currency fall backwards. The confidence of the British maintained yesterday, and economic data. In December, the UK unemployment rate fell by a record amount since April of 2007, as the economy shows signs of recovery after the most severe recession in the history of the country. Number of requests for unemployment benefits fell by 15,200 to 1.61 million, however, as it became known, the representatives of the Bank of England at the January meeting, unanimously decided to implement fully its 200-billion plan for purchases of bonds, designed to pull Britain out of recession. MRS headed by Managing Mervyn King said that there is no reason to change their views on economic and inflation outlook. This tone is not to doubt that the Central Bank will soon move away from a soft monetary policy, however, that the expansion of the program quantitative easing will be no more, we can say with almost 99%-term certainty.

Today, we get reports of no little importance on public finance UK. Rating agencies have repeatedly warned that the country”s national debt could adversely affect its sovereign rating. This factor for a long time puts downward pressure on the pound. If the budget deficit and further continue to expand, it could weaken the position of GBP, although unlikely to cause a currency collapse, received support from the inflation data.

Energetics rebuild a brake

The trend of long-term growth in energy consumption …

Timoshenko vs Yanukovych: fiscal policy in the presidency

instruments of fiscal policy in transition economies are more efficient than other mechanisms of government regulation …

The economy loses the freedom

In 2009, the government has increased pressure on business, inclucf4ding in our country …

In 2009, consumption of electricity in the Pskov region decreased by 0,8%
The disappointing results of corporate reporting, as well as the prospects of the Chinese government policy tightening in the lending market, have led to sales in the stock markets
Today, reports Goldman Sachs, from which await only the positive numbers
Obama intends to impose new restrictions for banks
EU will expand its presence in Ukraine to “supermissii”
AUB against the granting of rights of physical persons, borrowing to buy their debts by collectors at regulated prices