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  • Eurozone industrial production jumps close to pre-crisis levels in November

    From think.ing.com

    Industry continues to recover from the first wave despite all of the second wave problems that the economy is currently facing. At the moment, production is less than one percent below pre-coronavirus levels, which is a remarkable feat in and of itself. Especially encouraging was the strong surge in capital goods production, which leapt by 7% month-on-month. While investment has been very weak over the course of 2020, this is an encouraging sign for the end-of-year performance. The quick recovery in demand for goods after the first wave, together with the continued recovery of export demand, has helped industry to ... (full story)

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    Bullard: Monetary policy was very successful in 2020

    From @DailyFXTeam|Jan 13, 2021

    tweet at 9:38am: St. Louis Fed President Bullard: - Monetary policy was very successful in 2020 - Fed was able to avoid financial stress problems - Fed can and will continue to provide backstop programs - Subsidization programs are a political decision and should be made by Congress #Fed $USD tweet at 9:50am: BULLARD SAYS CONDITIONS ARE GOOD FOR GENERATING INFLATION tweet at 9:50am: -It's possible you get a boom but let's see. -Still a long way to go on labour market improvement. $USD https://t.co/5n2b4dtZs9 tweet at 9:55am: St. Louis Fed President Bullard: - Central banks around the world have been very successful with inflation targeting - All three theories of inflation (money supply & central banks, fiscal deficits, hot economy) point towards higher inflation in the near future #Fed $USD

    German 2020 GDP & the EU’s Potential Next Recession

    From orbex.com|Jan 13, 2021

    Tomorrow we have the release of a preliminary, non-seasonally adjusted estimate of Germany’s GDP growth during last year. While it’s important news, we don’t expect it to move the ...

    Evaluation of the Bank of England's approach to quantitative easing

    From bankofengland.co.uk|Jan 13, 2021

    In 2009, the MPC began a programme of asset purchases or quantitative easing (QE), intended as a temporary measure to support the economy in the aftermath of the Global Financial ...

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    Globalization and the Dollar

    From cmegroup.com|Jan 13, 2021

    Back in 2017 when the U.S. embarked on withdrawing from multi-lateral treaties and then imposing tariffs on many imported goods across a wide range of major trading partners ...

    Crude Inventory Data Shows Draw of 3.2 Million Barrels

    From streetinsider.com|Jan 13, 2021|1 comment

    U.S. crude oil refinery inputs averaged 14.7 million barrels per day during the week ending January 8, 2021 which was 274,000 barrels per day more than the previous week’s ...

    Global economy can shake off pandemic in 2021, leaders say

    From reuters.com|Jan 13, 2021|2 comments

    Vaccines and fresh economic stimulus promised by U.S. President-elect Joe Biden will give the global economy a chance to put the coronavirus pandemic behind it in 2021, ...

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  • Posted: Jan 13, 2021 9:53am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 325
  • Linked event:
    EUR Industrial Production m/m
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