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Sunday, 3 February 2013

Looking Ahead: February 4 through February 8, 2013

Posted on 22:02 by Unknown
Equities were mixed last week. The slew of data indicated an improving but uneven global economic landscape. When revisions were taken into account, the U.S. employment report showed that employment growth was better than originally estimated. Other data — with the exception of fourth quarter GDP — showed a growing economy at a stable pace that even the FOMC acknowledged. Elsewhere, the data were mixed but biased towards the positive. The Reserve Bank of Australia, Bank of England and the European Central Bank meet this week. Services PMIs will be released and investors will get a look at this part of the economy in January. Merchandise trade and industrial production dominate data releases. China releases merchandise trade and the consumer and producer price indexes for January.
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