Economic and political news. Business training, business support structures, interaction with the authorities. Fundamentals of the legislation, taxation, investment.
Thursday, May 5, 2011
The forecast of euro for May 2011г. The euro continues to win the positions confidently
Against enough notable falling of dollar of business in an euro area can seem simply marvelously the optimistical. So, for example, if still it is literally some days ago the markets worried on that expects them after will pass FOMC for today investors at last have given in to so delightful soothing moods. And it is valid, is from what to calm down.
Бернанке as it has appeared, any resolute actions isn't going to undertake. And on the agenda of the European Union of especial problems also in the near future it is not expected. Евростат says that export from an euro area grows. So, sector Е-17 gradually increases volumes of output, and heavy machine tools, and also the equipment for mechanical engineering are delivered in the foreign states.
And reports of the Central Bank of the European Union gradually become more and more optimistical. That against behavior American ФРС with its press included to the full extent looks rather attractively.
All this picture forces many analysts to predict an euro exchange rate in relation to dollar at high enough level - that is to 1,49 dollars for 1 euro.
Britain also shows notable growth of business activity. So, monthly growth of gross national product here has made 0,5 % sq./sq. result falling of the previous periods has been aloud compensated, and the bases for the further lifting are put. Thus even in annual scale the gain is felt more than strongly - so from +1,5 % in 4 sq. gross national products has grown to +1,8 % г/г.
And, moreover, Warren Baffet, the world famous billionaire says that несмотря all optimism of moods of the growing euro, all it no more, than echoes of the falling dollar. And, even amplifying economic activity in the European Union countries hardly can make on these processes essential impact. So, for example, At EU hands are almost connected by that the periphery continues to pull on itself means, but thus at all doesn't accept any measures to own rescue.
One more essential reason of possible crash of euro is, certainly, huge debt loading. So, for example, for today this figure already reaches almost 4 gross national products of all European economy of together taken. It is clear that the more debt loading will press on the power, the it is more for them temptation will include the press on a total power. But, as soon as the European Union will begin монетизировать a debt euro devaluation at once will begin. And there and its price will fall. And even such measure as raised the interest rate the European Union Central Bank, already can it is hardly essential affect a situation.
Subscribe to:
Post Comments (Atom)
Those are really useful tips there. I did learned a lot from this. Thanks for sharing this.
ReplyDeleteoffshore companies