Could the U.S. economy ending a week RPR being week which saw the official launch of the season Disclosure U.S. companies announced its financial results for the third quarter of this year 2012, while expected to carry us next week a lot of economic data and financial results for the companies major U.S., in relation to performance during the third quarter.
But in general, the data issued by the U.S. economy during the last week confirmed that the U.S. economy saw a slight improvement in recent times, while not clear where the effects of the adoption of the Feds for a third round of plans of quantitative easing (QE), and by 40 billion U.S. dollars per month.
And eating details news, the report confirmed Beige Book U.S. that the U.S. economy has seen a marked improvement in 12 provinces federal and moderate pace, while we have seen the expansion of the deficit in the U.S. trade balance in August / August and worse than expectations, affected the trade balance during the reporting period, up oil prices on the one hand, which contributed to the high cost of shipping goods and thus weighing on U.S. exports, not to mention the problems plaguing the U.S. economy, which is the high unemployment rates and tighter credit conditions.
As for the performance of the labor sector U.S., we have seen a decline in the frequency of jobless claims by unemployed people in the United States last week to their best level since February of 2009, while the index showed the University of Michigan consumer confidence growth confidence levels are considerably during the October / October, with the support of the apparent amelioration of the situation of the labor sector and the adoption of a third round of quantitative easing.
We must point out that banks JP Morgan Chase and Wells Fargo announced in the last days last week for their results financial third quarter of this year, and that came highest of expectations, while longer results achieved by the banks during the third quarter are better across their history , noted that JP Morgan Chase is the largest in terms of assets in the United States of America.
This came a rise in profits bank direct impact of higher revenues mortgages during the reporting period by 72 percent, while we have seen over the past week also do Standard & Poors credit rating cut the credit rating of Spain in a surprise move, which returned to mind the subject of continuous European debt crisis.
In the end, saw the U.S. dollar has seen a rise in trading last week, due to data released from the U.S. economy, and the world, which directed investors towards the U.S. dollar, while the fallen U.S. equity markets late last week because of fears about the European debt crisis ...
