- Overnight Interest Rate Update 02.09.10 Tue, 09 Feb 2010 05:24 GMT
- RICS Survey Hints UK House Prices May Decline as Supply Swells Tue, 09 Feb 2010 04:41 GMT
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- Feb, 09 Overnight Interest Rate Update 02.09.10
- Feb, 09 RICS Survey Hints UK House Prices May Decline as Supply Swells
- Feb, 09 UK Retail Sales Growth Worst in 15 Years in January, says BRC
- Feb, 08 Swiss Unemployment Highest Since 1998, Retail Sales Advance 4.7%
- Feb, 08 Overnight Interest Rate Update 02.08.10
- Feb, 05 U.S. Non-Farm Payrolls Disappoint, Jobless Rate Unexpectedly Contracts
- Feb, 05 Overnight Interest Rate 02.05.10
- Feb, 05 Euro Spikes Higher Against Swiss Franc, SNB Action Hinted
- Feb, 04 ECB Says Rates Appropriate, As Inflation To Remain Near 1.0%
- Feb, 04 ECB Says Rates Appropiate As Infaltion To Remain Near 1.0%
- Feb, 04 British Pound Pares Decline as BoE Suspends Asset Purchases, Euro Holds Rate at Record Low
- Feb, 04 Overnight Interest Rate Update 02.04.10
- Feb, 04 Australian Retail Sales Disappoint, Building Permits Rise on Stimulus
- Feb, 03 Overnight Interest Rate Update 02.03.10
- Feb, 02 Overnight Interest Rate Update 02.02.10
- Feb, 02 Australian Business Confidence Falls Most in 11 Months on China Outlook
- Feb, 01 U.S. Manufacturing Unexpectedly Expands at Faster Pace
- Feb, 01 U.K. Mortgage Approvals Unexpectedly Declines, EURGBP Snaps 4-day Decline
- Feb, 01 China Weekly 02.01
- Feb, 01 Overnight Interest Rate Update 02.01.10
Germany’s Trade Balance surplus is expected to widen to 11.3 billion euro in September, while the broader Current Account surplus that includes cross-border investment money flows in addition to trade in goods and services is set to expand to 9.3 billion euro. The improvement is expected to come courtesy of a 2.5% uptick in exports after overseas sales dropped -2.8% in August. Exports have seen a shallow rebound since bottoming in April as close to $2 trillion in global fiscal stimulus helped underpin foreign demand for German manufactured goods. Indeed, the pace of contraction in Industrial Production likely moderated to -14.4% in the year to September, the slowest since December 2008. Looking beyond month-to-month volatility, however, the trend in Germany’s external position has pointed lower since late 2007, with the current release set to fall firmly along the same trajectory. Indeed, a survey of economists polled by Bloomberg calls for the Current Account to average about 4.25% of GDP this year and through 2010, the smallest contribution to Germany’s total output in 6 years.
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