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Currency Strenght

Monday 18 February 2013

Euro News



Fact

Significant amount of data coming out of the eurozone
Euro/Zone is Centre of attention this week amid a flurry of Economic data and the
 Start to a final week of election campaigning in Italy

Means


G-20 Nations declared this weekend that there would be ‘No Currency War’ and deferred plans to
Set new debt cutting target over concerns about the global
Economy
New fact horse 
 Summary:
·         Yen can do what they like
·         Gold $30 dropped
·  
·         Euro GDP significantly negative
·         Mario monti In the running for the for the seat
·         Berlusconi not seen as a natural political figure  key election if he win negative
·         Tesco shares declined last week after the horse meat scandal escalated will we see recovery 

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