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Friday, January 23, 2015

Politics Joins the ECB's Monetary Policy Party with Elections in Greece and Italy

ECB.jpg Home Page News Page The Trends Continue It is not about the data today though there has been a slew of data that in other times would have moved the market.  The flash HSBC China PMI reported above expectations at 49.8 from 49.6 in December, but still shows that the manufacturing sector of the world's second largest economy is slowing.  Eurozone's flash PMI was also a bit better than expected, consistent with 0.2%-0.3% quarterly GDP.   It is not about the data today though there has been a slew of data that in other times would have moved the market.  The flash HSBC China PMI reported above expectations at 49.8 from 49.6 in December, but still shows that the manufacturing sector of the world's second largest economy is slowing.  Eurozone's flash PMI was also a bit better than expected, consistent with 0.2%-0.3% quarterly GDP.  See Also links url:  http://www.economywatch.com/features/Will-ECB-Asset-Purchases-Work-Like-in-the-US-and-UK.01-22-15.html Title:  Will ECB Asset Purchases Work Like in the U.S. and U.K.? See Also type:  Reference Featured Report That You Might Like:  Waitemata District Health Board Tasmanian Public Finance Corporation read more


READ THE ORIGINAL POST AT www.economywatch.com