The results of the first quarter
The first three months of 2012 will be remembered traders with conflicting
economic data. On the one hand, the U.S. economy continued to recover. On
the other hand, there have been alarming news from China, as well as disappointing
news about the economic state of the eurozone. Among the main drivers of
financial activity in the first quarter were also geopolitical risks and
concerns associated with sovereign debt crises.
stock markets have shown impressive results, approaching levels where they were
before the bankruptcy of Lehman Brothers: the S & P gained 14% while the
NASDAQ rose by 18%. Brent crude was trading at around $ 125 per barrel. Price
increases contributed to the tense situation in Iran, and constrained them to talk
about the possible opening of the strategic oil reserves. High oil prices have
a negative impact on global demand and the economies of developed countries.
To begin to say a few words about how to develop the economy of the United
States, the eurozone and China since the beginning of this year.
U.S. GDP growth rate rose
from 0.4% (q / q) in the first three months of 2011 to 3.0% in the last quarter
of last year.