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20 May 2015
Developed Global markets snap-shot - ING
FXStreet (Guatemala) - Analysts at ING gave a snapshot of some of the developed global markets.
Key Quotes:
"US: Winter blues over for housing? Bad weather has led to a choppy start to 2015 for the housing market. The latest data suggest that the underlying story looks good."
"Germany: Acrophobia or trend reversal?
Yesterday’s ZEW index shows that German investors have lost parts of their earlier optimism."
"UK: Good deflation. UK CPI is now falling in annual terms, but this is primarily food and fuel, which leaves more money in householders’ pockets to spend on other goods & services."
Key Quotes:
"US: Winter blues over for housing? Bad weather has led to a choppy start to 2015 for the housing market. The latest data suggest that the underlying story looks good."
"Germany: Acrophobia or trend reversal?
Yesterday’s ZEW index shows that German investors have lost parts of their earlier optimism."
"UK: Good deflation. UK CPI is now falling in annual terms, but this is primarily food and fuel, which leaves more money in householders’ pockets to spend on other goods & services."