Barclays от US data

Market news

9 December 2010

Barclays от US data

Barclays says +1.9% Oct wholesale inventories follows up-revised +2.1% for Sept and these suggest up-side risks for inventory accumulation. "The increase in October was broad based, with a 0.9% rise in durables and a 3.2% jump in non-durables. The former was despite a 0.1% decline in the autos component." Their Q4 GDP tracking estimate stands at +3.1%.

ECB CONSTANCIO: Bigger EFSF could help counter debt market tension

Jefferies economist Thomas Simons says +1.9% Oct wholesale inventories "provides encouragement that the inventory cycle, which has been providing strong support for total GDP growth throughout the recovery, is still in the rebuilding phase."

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.