Market news
14.01.2014, 13:15

European session: the euro rose

07:45 France CPI, m/m December 0.0% +0.4% +0.3%

07:45 France CPI, y/y December +0.7% +0.8% +0.7%

09:30 United Kingdom Retail Price Index, m/m December +0.1% +0.5% +0.5%

09:30 United Kingdom Retail prices, Y/Y December +2.6% +2.7% +2.7%

09:30 United Kingdom RPI-X, Y/Y December +2.7% +2.8%

09:30 United Kingdom Producer Price Index - Input (MoM) December -0.7% -0.2% +0.1%

09:30 United Kingdom Producer Price Index - Input (YoY) December -1.0% -1.1% -1.2%

09:30 United Kingdom Producer Price Index - Output (MoM) December -0.2% +0.2% +0.1%

09:30 United Kingdom Producer Price Index - Output (YoY) December +0.8% +1.1% +1.0%

09:30 United Kingdom HICP, m/m December +0.1% +0.6% +0.4%

09:30 United Kingdom HICP, Y/Y December +2.1% +2.1% +2.0%

09:30 United Kingdom HICP ex EFAT, Y/Y December +1.8% +1.8% +1.7%

10:00 Eurozone Industrial production, (MoM) November -0.8% Revised From -1.1% +1.6% +1.8%

10:00 Eurozone Industrial Production (YoY) November +0.5% Revised From +0.2% +0.8% +3.0%


The euro rose against the U.S. dollar after strong data on industrial production in the euro area . Eurozone industrial production in November rose at the highest rate in three and a half years , indicating that the currency bloc 's GDP at the end of 2013 , probably increased the third consecutive quarter .

Unexpectedly strong growth in manufacturing eurozone reduces doubts about the sustainability of economic recovery . Although the results of the poll in the business world in the last quarter of 2013 were positive , the official data were weak industrial production , production in construction and retail sales fell in October .

Statistical Office of the European Union reported that industrial production in November rose by 1.8% compared to October , and by 3% compared with the same period last year. These data were better than forecast.

October data were revised upward . In Eurostat reported that industrial production in October fell by 0.8 %, whereas the previously reported 1.1% decline .

Growth in industrial production in November compared with the previous month was the highest since May 2010 , when it rose by 2%. Annualised growth was the highest since August 2011 , when industrial production grew by 5.5%.

The British pound rose against the U.S. dollar on data on slowing inflation in Britain. Inflation in the UK fell unexpectedly in December and reached the target level of 2 per cent of the Bank of England for the first time since 2009, the Office for National Statistics reported .

Consumer prices rose by 2 percent year on year , after rising 2.1 percent in November. According to forecasts , inflation was to remain stable at 2.1 per cent .

But on a monthly basis , consumer prices rose by 0.4 percent , which is faster than the growth of 0.1 percent posted in the previous month .

Excluding energy , food, alcoholic beverages and tobacco products , core inflation declined ">In a separate statement, the ONS said inflation producer prices accelerated to 1 percent in December from 0.8 percent a month earlier. Compared to November , prices for products remained unchanged .

Purchase prices , at the same time , decreased the second consecutive month in December. Prices fell by 1.2 per cent per annum, after easing to 1 percent in November . On a monthly basis the purchase prices increased by 0.1 percent.


EUR / USD: during the European session, the pair rose to $ 1.3699


GBP / USD: during the European session, the pair rose to $ 1.6448

USD / JPY: during the European session, the pair rose to Y103.75

In the U.S. at 13:30 GMT will change in the volume of retail trade , the change in retail sales excluding auto sales , the change in volume of retail trade turnover , excluding sales of cars and fuel, the import price index for December at 15:00 GMT - change in stocks in commercial warehouses for November. At 23:30 GMT Australia will release the consumer confidence index from Westpac in January , the index of leading indicators of economic activity from the Westpac-MI in December.

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