German Flash Manufacturing PMI rises in January

Note: This section contains information in English only.
Source: Markit
Output of private sector in Germany increased in January hitting its twelve-month high as the service activity has the biggest impact rising at the fastest pace since June 2011, while manufacturing production grew slightly in January. Markit Flash Germany Composite Output Index added 3.3 points as it rose from 50.3 in December to 53.6 in January.

"The euro dipped on French numbers and was up on the German data. On the whole there is positive sentiment for the euro," said Niels Christensen, FX strategist at Nordea.
"...(It) seems capped at $1.34 for now but it is fair to say the euro is still firm across the board."
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Thu, 24 Jan 2013 15:51:52 GMT

BBA Mortgage approvals climbs in November

The number of mortgage approvals in the U.K. rose in November to its highest level in a nine-month period, suggesting that the home loan market is going through stabilization, the British Banker's Association reported on Thursday. Mortgage approvals rose from 33,634 in October to 33,128 in November, while the gross mortgage lending reached 7.7 billion pounds.Households "continuing to repay virtually

Thu, 24 Jan 2013 07:56:10 GMT

Swiss economic expectations improved in January

Economic expectations for Switzerland improved for the fourth consecutive month, indicating that investors and analysts are getting less anxious over future economic outlook.

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