damn, look at turkey go!

the GDP of most european countries looks dissapointing but im sure they'll bounce back pretty strongly since the US already seems to be going in that direction... it should carry along the world for the ride

___________________
If God is the answer, it must have been a very stupid question.

thanks a lot occ

quite depressing figures though i didn't know about irelands problem, thought they had more (only) problems with inflation and such..

"RELEASE: Nationwide Housing Price Index [United Kingdom] (14.3%)" is written twice?

Week Ending Feb 22

RELEASE: GDP [France]: 0.5%
FIRST TAKE: French GDP rose 0.5% in the fourth quarter and 0.2% for the year as a whole in line with last week’s flash estimate, according to preliminary figures. Government spending and inventory accumulation led growth, while growth was restrained by strong imports.

RELEASE: Consumer Price Index [Canada]: 0.1%
FIRST TAKE: Canada’s consumer price index rose by 0.1% in January, with year-over-year growth decelerating to 1.2%. The Bank of Canada’s measure of core inflation fell to 1.5% this month. Inflation pressure remains dormant in Canada, thanks largely to the strong Canadian dollar. The low rate of inflation supports the case for an additional interest rate cut at the Bank of Canada’s next policy announcement.

RELEASE: Retail Sales [United Kingdom]: 6.3%
FIRST TAKE: Retail spending data continue to come in strong in the U.K. According to the Office of National Statistics, real retail sales increased 0.6% during January from the previous month on a seasonally adjusted basis. Trend growth continues to accelerate, and retail drivers portend stronger growth in the near term.

RELEASE: Foreign Trade [Euro Zone]: 5.7 billion euros
FIRST TAKE: The euro-zone trade balance improved during December. According to Eurostat, the European Union statistical agency, exports increased marginally and imports fell during the month to drive a 1.5 billion euro improvement in the monthly trade surplus.

RELEASE: Industrial Production [Euro Zone]: 0.20%
FIRST TAKE: Industrial production in the euro zone rose by 0.2% in December, while the previous month’s increase was revised lower. This was below consensus expectations of a gain of 0.4%. Although growth was modest this month, this report provides further evidence that the euro-zone’s economy is slowly improving.

RELEASE: Consumer Price Index [Germany]: 1.2%
FIRST TAKE: Inflation remains subdued in Germany. The Consumer Price Index increased by 1.2% in January compared to one year ago. Risks in Europe’s largest economy remain on the side of economic weakness.

RELEASE: Consumer Price Index [United Kingdom]: 1.4%
FIRST TAKE: Inflation crept up in January to 1.4%, up from 1.3% in December, but still below the target rate of 2%. The uptick in inflation is in line with the central bank’s expectation of rising inflation through most of this and next year.

RELEASE: ZEW Indicator of Economic Sentiment [Germany]: 69.9
FIRST TAKE: The ZEW Indicator of Economic Sentiment fell for the second consecutive month in February. Moreover, February’s decline was more pronounced than the previous one. Thus, while expectations remain favorable, the outlook has become less optimistic as new doubts regarding the sustainability of the turnaround in Europe’s largest economy have emerged.

RELEASE: Industrial Production [Czech Republic]: 6.5%
FIRST TAKE: According to the Czech Statistical Office, industrial output adjusted for work days increased by a robust 6.5% in December on a year-ago basis. Production was down 1.3% on a seasonally adjusted month-to-month basis.

RELEASE: Survey of Business Confidence: 173.6
FIRST TAKE: Global business confidence remains high. Manufacturers and high-tech companies are particularly upbeat. Businesses continue to report stronger sales and firmer pricing, and most businesses are increasingly positive about their investment and hiring intentions. Confidence is off from its late 2003 peak, however. Asian confidence has slipped the most. Business services, financial services and real estate firms are also less positive.

___________________
Retro ...

Week Ending Feb 29

RELEASE: Industrial Production [Finland]: -2.7%
FIRST TAKE: Finnish industrial production declined in January, by 2.7% from the previous month. Mining output fell sharply and manufacturing production was down by 3.3%. Finland’s economy is struggling to gain traction, as exports remain lackluster.

RELEASE: Employment Situation [France]: 9.6 % Unemployment
FIRST TAKE: The French unemployment rate unexpectedly fell back to 9.6% in January as the number of unemployed fell 23,000, more than reversing January’s gain. However, INSEE indicated that the data is subject to upward revision due to a change in administrative procedures.

RELEASE: GDP [Finland]: 0.3%
FIRST TAKE: The final quarter of 2003 proved disappointing for Finland. Finland’s economy grew by 0.3% in the fourth quarter on a quarter-to-quarter basis. Exports declined and investment was flat. Consumption was the strongest portion of GDP. Finland’s economy will remain restrained until export growth picks up substantially.

RELEASE: Consumer Price Index [Euro Zone]: 1.9
FIRST TAKE: Euro-zone inflation decelerated during January. According to Eurostat, the E.U. statistical agency, consumer prices fell 0.2% during January from December, which puts the year-ago rate of inflation at 1.9%. Inflation is expected to decelerate further in February, which will stoke speculation of an ECB rate cut.

RELEASE: Business and Consumer Survey [Euro Zone]: 96.0
FIRST TAKE: Business and consumer sentiment in the euro zone held steady in February, doing slightly better than expected. Construction and retailer confidence weakened, which was made up for by an improvement in consumer confidence. Industrial sentiment remained unchanged. Europe’s recovery continues at a tepid, uninspiring pace.


RELEASE: GDP [Canada]: 3.8%
FIRST TAKE: The Canadian economy ended 2003 on a stronger note, with real GDP advancing at a sturdy 3.8% annualized pace in the fourth quarter. Stronger exports, primarily to the firming U.S., were a key source of growth. The gain was less than impressive than the top-line number suggests, however, as inventory accumulation also added to growth and consumer spending barely held its own.


RELEASE: Consumer Confidence [United Kingdom]: -2.0
FIRST TAKE: U.K. consumer sentiment disappointed during February. According to research carried out by Martin Hamblin GfK on behalf of the European Commission, the headline consumer sentiment index for the U.K. fell to -2 during February from a reading of zero in January. Consumers are responding to the Bank of England’s 25 basis point increase in interest rates at the last monetary policy meeting. Despite the decline in sentiment, the index levels are consistent with healthy consumer spending this year.


RELEASE: Business Survey [France]: 103
FIRST TAKE: French business confidence rose for the seventh consecutive month, to a 33 month high of 103 in February. Rising output and lower inventories boosted confidence while order levels and views on the outlook deteriorated.

RELEASE: Nationwide Housing Price Index [United Kingdom]: 17.1%
FIRST TAKE: U.K. house price growth rebounded during February. According to the Nationwide survey of house prices, the price of the average U.K. property rose 3.1% on a seasonally adjusted basis in February, which puts the year-on-year change at 17.1%. Supply constraints and expedited buying ahead of expected interest rate rises are driving house prices.

RELEASE: Monetary Policy [Czech Republic]: 2.00%
FIRST TAKE: The Czech National Bank left all three of its monetary policy instruments unchanged at the conclusion of today’s meeting.

RELEASE: Monetary Policy [Poland]: 5.25%
FIRST TAKE: As expected, the Polish central bank elected to leave the reference rate, its key monetary policy instrument, unchanged at 5.25%. Monetary policy officials have left interest rates untouched for the last eight meetings, satisfied that the Polish economy is growing at a satisfactory rate without risk of significant inflation.

RELEASE: Consumer Price Index [France]: 2.0%
FIRST TAKE: Annual CPI inflation in France fell to 2.0% in January from 2.2% in December. Falling apparel, transportation and communication, and healthcare prices offset increases in tobacco, fresh food and energy prices. Harmonized inflation decelerated to 2.2%.

RELEASE: Balance of Payments [Euro Zone]: 5.0 billion euros
FIRST TAKE: The euro zone recorded a seasonally adjusted current account surplus of 2.5 billion euros in December, compared with a revised surplus of 2.1 billion euros last month, and an average of 3.1 billion euros during the previous six months. The surplus on goods increased as growth in exports outpaced imports. The financial account recorded a net outflow in combined portfolio and foreign direct investment.

RELEASE: IFO Business Climate Index [Germany]: 96.4
FIRST TAKE: The LIFO Business Climate Index showed a small downward correction in February pointing to some uncertainty regarding the sustainability of the recovery in Europe’s largest economy.

RELEASE: Monetary Policy [Hungary]: 12.5%
FIRST TAKE: The National Bank of Hungary left its two-week deposit rate unchanged at 12.5% today.

___________________
Retro ...

Better late than never eh?

Anyway, as in the US post, there is no data for last friday. And whilst I was willing to look up the data manually for my fellow compatriots, I simply lack the motivational effort to look it up for all you Eurotrash .

Week Ending Mar 7

RELEASE: Employment Situation [Germany]: 26,000
FIRST TAKE: Unemployment continued to rise in Germany in February. The increase in the number of jobless by a seasonally adjusted 26,000 compared to January exceeded expectations. Thus, stubbornly high unemployment continues to weigh on economic prospects, in particular consumer confidence and spending.

RELEASE: GDP [Euro Zone]: 0.6%
FIRST TAKE: According to Eurostat, the European Union statistical agency, real GDP increased by 0.3% during the fourth quarter from the previous quarter on a seasonally adjusted basis. This follows 0.4% growth in the third quarter.

RELEASE: Monetary Policy [United Kingdom]: 4.00%
FIRST TAKE: As expected, the Bank of England held interest rates steady at 4% in March following the 0.25% hike in February. Despite rebounding growth, the central bank remains concerned with rising household debt burdens. Further interest rate hikes in the next six months are likely.



RELEASE: Monetary Policy [Euro Zone]: 2.00%
FIRST TAKE: The ECB opted to keep interest rates unchanged at the close of its monetary policy meeting. The decision, in line with market expectations, leaves the key minimum bid rate on main refinancing operations at 2% - an all-time low. The euro-zone economy is slowly recovering, and inflation is well contained in the region. Monetary policy is unlikely to change anytime soon.

RELEASE: Reuters Euro-Zone Services PMI [Euro Zone]: 56.2
FIRST TAKE: The expansion in the euro zone’s service sector continued in February, but at a slower pace than in the previous month. According to the Reuters service-sector PMI report, the headline business activity index fell to 56.2 in February from 57.3 in January.

RELEASE: Consumer Confidence [France]: -23
FIRST TAKE: French consumer confidence fell to -23 in February from -22 in January. However, the reliability of the data remains weakened by the change in methodology implemented in January.

RELEASE: Retail Sales [Germany]: 97.4
FIRST TAKE: According to the Statistics Office, retail sales declined in January compared to the same month one year ago. However, retail sales increased compared to December. The weak labor market continues to take a toll on consumer confidence and spending.

RELEASE: Unemployment Rate [Euro Zone]: 8.8 % Unemployment
FIRST TAKE: The euro-zone rate of unemployment held steady in January. According to Eurostat, the European Union statistical agency, the unemployment rate for the month registered 8.8%, a 46-month high. The euro-zone economy is growing again, but unemployment is a lagging variable, and flows into the pool of unemployment will continue through the short-term.

RELEASE: Monetary Policy [Canada]: 2.25%
FIRST TAKE: As expected, the Bank of Canada (BOC) lowered its key overnight rate by 25 basis points today, reducing it to 2.25%. This marks the second rate cut this year.

RELEASE: Reuters Euro-Zone Manufacturing PMI [Euro Zone]: 52.5
FIRST TAKE: The manufacturing recovery held constant in the euro zone during the month of February. The Reuters purchasing managers’ index held steady at a level of 52.5 in February. Growth in output and new orders decelerated slightly due to the strong euro. The attrition in manufacturing employment accelerated.

RELEASE: Monetary Policy [Hungary]: 12.5%
FIRST TAKE: The National Bank of Hungary left its two-week deposit rate unchanged at 12.5% today.

___________________
Retro ...

Thread stickied by request

___________________
My Mixcloud Profile My Twitch Channel

quote:

Originally posted by Wicked Neo Thread stickied by request

way to go neo and thanks again occrider

ahh damn, now that this thread is stickied I'll never be able to follow the updates


congrats occ


Now I say we make an Israel/Pal sticky where all Israel Pal debates can run wild, I say it gets to 200p in 2 weeks.

___________________
SAVE ZIONIST MUSTARD: BUY ZIONIST KETCHUP!


Click here to support the free mustard alliance.

quote:

Originally posted by Wicked Neo Thread stickied by request

yes, thanks a lot neo

occrider, i hope you're not dissapointed by me asking to make this a sticky cause i know you'll feel bad if you dont keep updating it since its sticky'ed now

regardless i just wanted to say the posts are enjoyed, thanks occ

___________________
If God is the answer, it must have been a very stupid question.

It got stickied??? Nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
ooooooooooooooo!!!!!!!

This is how you all repay me???????? WHHHYYYYYY OHHHH WHYYYYY??? Oh cruel world!!!! What have I done for life to treat me as such!???


Hehe no it's cool. No thanks necessary on the updates. It's nice to be able to see the archived trend in data rather than looking at it from day to day as I used to do

___________________
Retro ...

Week Ending Mar 14

RELEASE: Consumer Price Index [Germany]: 0.8%
FIRST TAKE: Already subdued inflation decelerated further in February. The strong euro and lackluster demand continue to keep inflation in check. The risks for Europe’s largest economy remain on the side of economic weakness.

RELEASE: Industrial Production [France]: -0.5%
FIRST TAKE: Industrial production in France unexpectedly fell in January, its second decline in three months. Further, the December increase was revised down slightly. Energy, automotive and consumer goods led the declines.

RELEASE: Consumer Price Index [France]: 1.8%
FIRST TAKE: Annual CPI inflation in France continued to decline, dipping to 1.8% in February from 2.0% in January. Food, tobacco and energy prices led the moderation. However, the monthly price change was 0.5%, higher than expected, led by rising tobacco and apparel prices. Annual harmonized inflation decelerated to 1.9%.

RELEASE: Labor Force Survey [Canada]: 7.4 % Unemployment
FIRST TAKE: As expected, the employment picture in Canada changed very little from January. The February release showed that new jobs declined by 21,000, and the unemployment rate remained at 7.4%. This recent pause in employment growth, attributable to weakness in part-time work, follows strong increases in full-time employment over the previous five months.

RELEASE: Industrial Production [Belgium]: 1.6%
FIRST TAKE: Belgium's industrial production index started 2004 on a positive note, increasing by 1.6% from last January. December's initial estimate was revised downward to 5.4%, but the estimates continue to show a marked rebound in Belgium's goods-producing industries.


RELEASE: Industrial Production [Czech Republic]: 5.9%
FIRST TAKE: According to the Czech Statistical Office, industrial output adjusted for work days increased 5.9% in January on a year-ago basis.

RELEASE: GDP [Norway]: 0.6%
FIRST TAKE: GDP growth came in strong for Norway during the final quarter of 2003. According to Statistics Norway, real GDP advanced by 0.6% during the fourth quarter from Q3 on a seasonally adjusted basis, which put growth at 0.5% year to year. The mainland tally was even stronger. Household spending and foreign sales were strong, and business spending recovered from recent weakness.

RELEASE: Monetary Policy [Norway]: 1.75%
FIRST TAKE: As expected, the Norges Bank added additional monetary stimulus today. At the conclusion of its monetary policy meeting, the Executive Board at Norges Bank decided to reduce the target for its monetary policy instrument—the sight deposit rate—by 25 basis points to 1.75%. The economy is in a recovery stage, although price trends are well below the central bank’s two-year ahead target of 2.5%, providing room for the additional stimulus to cement the recovery.

RELEASE: GDP [Czech Republic]: 3.2%
FIRST TAKE: According to the Czech Republic Statistical Office, the Czech economy expanded by 3.2% on a year ago basis during the final quarter of 2003. Third quarter GDP was revised higher by 0.2% to 3.3%. Full year growth came in at a respectable 2.9%.

RELEASE: GDP [Italy]: -0.0%
FIRST TAKE: Italy’s economy took a disconcerting step back in the fourth quarter. Real GDP was flat, in line with last month’s flash estimate, after growing 0.4% in the third quarter.

RELEASE: Industrial Production [Netherlands]: 0.5%
FIRST TAKE: The new year has apparently brought a degree of recovery to the Netherlands manufacturing industry. According to data released by the Netherlands Statistics Office today, industrial production in January was up 0.5% on a year-ago basis, after fourteen consecutive months of year over year decline. Manufacturing output increased on a monthly basis as well, up 3.0% from December.

RELEASE: Industrial Production [Sweden]: 3.3%
FIRST TAKE: Sweden’s industrial production surged in January, rising 3.3% from the previous month. Moreover, activity on a year-to-year basis pushed back into positive territory.

RELEASE: Industrial Production [United Kingdom]: 0.1
FIRST TAKE: The U.K. industrial recovery continues to plod along in an unspectacular manner. According to the Office for National Statistics, total U.K. production gained 0.1% during January from the previous month on a seasonally adjusted basis, which puts the year-ago growth rate at 0.4%. The previous month’s decline in output was revised up to a 0.1% gain. Manufacturing output was a bit higher than the total, mainly due to stronger activity in the pharmaceuticals and transportation industries.

RELEASE: Industrial Production [Germany]: -0.1%
FIRST TAKE: The expansion in German manufacturing stalled in January. While industrial production increased by 1.3% compared to one year ago, it fell by 0.1% compared to December. Weak domestic demand and the strong euro are to blame.

RELEASE: GDP [Sweden]: 0.6%
FIRST TAKE: Fourth quarter GDP growth for Sweden indicates the continuation of slow but steady progress for the country’s economy. According to Statistics Sweden, GDP rose 0.6% from the previous quarter.

RELEASE: Industrial Production [Turkey]: 6.5%
FIRST TAKE: Turkish industrial production growth was 6.5% in January on a year-ago basis, down from 21.1% growth in December. On a monthly, nonseasonally adjusted basis, industrial production was down 12.1% from December.


RELEASE: Survey of Business Confidence: 174.8
FIRST TAKE: Confidence remains strong, although it has not changed measurably since mid-January and it is down from its late 2003 peak. Strong sales are supporting confidence. Hiring and investment plans have improved in response. Confidence is strongest in North America and among high-tech and manufacturing companies. It remains weakest in Latin America and among business services, financial services, and real estate firms.

___________________
Retro ...