Back
8 Jan 2015
Eurozone and UK data mixed - RBS
FXStreet (Guatemala) - Analysts at RBS noted the mixed numbers from European trade.
Key Quotes:
“Eurozone retail sales rose by more than expected in November (+0.6% m/m) but Eurozone ESI economic confidence stagnated in December”.
“German November mfg. orders fell much more than expected (-2.4% m/m) after a strong 2.9% m/m ® rise in October".
"UK Halifax home prices rose 0.9% m/m and 7.8% y/y. The monthly rise was the biggest since July”.
Key Quotes:
“Eurozone retail sales rose by more than expected in November (+0.6% m/m) but Eurozone ESI economic confidence stagnated in December”.
“German November mfg. orders fell much more than expected (-2.4% m/m) after a strong 2.9% m/m ® rise in October".
"UK Halifax home prices rose 0.9% m/m and 7.8% y/y. The monthly rise was the biggest since July”.