January 12th, 2012 Published by: ramillav
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Global Markets Outlook
Australian Stock Market
Report - Morning 01/12/2012
By Craig James | January 12,...
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January 12th, 2012 Published by: ramillav
Created using Zinepal.
Go online to create your own eBooks in PDF, ePub, Kindle and Mobipocket formats.
1
Global Markets Outlook
Australian Stock Market
Report - Morning 01/12/2012
By Craig James | January 12, 2012 11:09 AM EST
The US mortgage market index rose by 4.
5pct last week
with the purchase index spiking 8.
1pct higher.
The Beige Book report on the US economy showed
that economic activity improved in late 2011 with the
economy increasing ´´at a modest to moderate pace´´
and holiday retail sales up ´´noticeably´´.
The auto sector strengthened with suppliers reportedly
nearing capacity constraints.
The Germany economy grew by 3.
0pct in 2011
according to the Federal Statistics office after 3.
7pct
growth in 2010, while the economy contracted by around
0.
25pct in the December quarter.
French, German and Italian leaders will meet on January
20.
German Chancellor Angela Merkel said the euro
zone´s top priority for the beginning
Less