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  • 2013-01-08 07:03


    MADRID (MNI) - The Spanish Treasury set out details of its 2013 financing strategy today.

    The Treasury said that net financing needs this year would amount to E71bn, while in gross terms financing requirements are set to be between E215 and E230bn, the Treasury said.

    The latter number, it noted, is between 13.9% and 7.9% lower than the gross financing which it obtained in 2012 of E249.635bn.

    The net issuance total includes contributions to the European Stability Mechanism (E3.809bn) as well as the Autonomous Liquidity Fund contribution (E23bn).

    --MNI London Bureau; tel: +44 207-862-7492; email: dthomas@mni-news.com

    [TOPICS: M$E$$$,M$S$$$,M$X$$$,MT$$$$,M$$FI$]

  • 2013-01-08 07:00


    November: -1.8% m/m, -1.0% y/y

    MNI survey median: -1.0% m/m, +0.4% y/y MNI survey range: -2.0% to -0.5% m/m

    October: +3.8% m/m, -2.5% y/y (revised from +3.9%/-2.4%)

    --

    BERLIN (MNI) - German manufacturing orders fell 1.8% in November, while the October gain was revised down 0.1 percentage point to +3.8%, according to seasonally adjusted real data released by the Economics Ministry on Tuesday.

    Domestic orders rose 1.3% on the month. Foreign orders decreased 4.1%, with demand from the Eurozone ex-Germany up 0.2% and orders from non-Eurozone countries down 6.5%.

  • 2013-01-08 06:24


    FRANKFURT (MNI) - The European Central Bank on Thursday allotted E77.7249 billion in its main seven-day refinancing operation at a fixed rate of 0.75%.

    The ECB satisfied all of the 75 bids received.

    Today's operation resulted in a net drain of E3.3725 billion after the ECB allotted E81.0974 billion in its 6-day MRO last week.

    [TOPICS: M$X$$$,M$XDS$]

  • 2013-01-08 06:15


    December MNI analysts survey November rev.

  • 2013-01-08 06:13


    November: 11.8%

    MNI survey median: 11.8% MNI survey range: 11.7% to 11.8%

    Previous: Oct 11.7%, Sep 11.6%, Aug 11.5%, Jul 11.4% (11.5%), Jun 11.4%

    --

    FRANKFURT (MNI) - Eurozone unemployment rose on the month in November by the smallest amount in three months, lifting the jobless rate to 11.8% as expected, Eurostat reported Tuesday.

    The number of jobless hit a series high of 18.82 million in November, up by 113,000 from the previous month and 2.015 million higher than one year ago. Youth unemployment, which covers persons under 25 years old, gained 0.2 percentage point to 24.4%.

    Jobless numbers are likely to rise further in the coming months, as firms look to trim excess capacity and costs to stay competitive amid falling demand.

  • 2013-01-08 06:04


    Real, seasonally adjusted retail sales:

    Nov preliminary: +0.1% m/m, -2.6% y/y

    MNI survey median: +0.6% m/m, -1.4% y/y MNI survey range: +0.2% to +1.0% m/m

    Oct revision: -0.7% m/m (-1.2%) Sept revision: -0.8% m/m (-0.6%) August unrevised: -0.2% m/m July revision: +0.1% m/m (+0.1%) June revision: +0.1% m/m (+0.2%)

    --

    FRANKFURT (MNI) - Eurozone retail sales rose slightly in November but disappointed forecasters' hopes for a stronger rebound after three months of decline, according to seasonally adjusted estimates released Tuesday by Eurostat.

    The 0.1% monthly upturn from October's eight-year low still left sales volumes 2.6% lower on the year.

  • 2013-01-08 05:35


    CPI - December HICP - December %mom %yoy %mom %yoy

    Median Forecast 0.3 1.4 0.4 1.6 High forecast 0.5 1.5 0.4 1.6 Low forecast 0.1 1.1 -0.2 1.3 Previous period -0.2 1.4 -0.2 1.6 - Number of responses 7 9 6 8 - 4Cast 0.3 1.5 n/a n/a Barclays Cap.

  • 2013-01-08 05:35


    Industrial New Orders Industrial Output - December - - December - %mom %yoy %mom %yoy

    Median Forecast -1.0 0.4 0.9 -2.9 High forecast -0.5 1.0 1.5 -2.4 Low forecast -2.0 -1.0 -0.5 -3.3 Previous period 3.9 -2.4 -2.6 -3.7 - Number of responses 13 7 11 6 - 4Cast -1.4 1.0 n/a n/a Barclays Cap.

  • 2013-01-08 05:35


    Retail Sales Unemployment - November - - November - %mom %yoy (%)

    Median Forecast 0.6 -1.4 11.8 High forecast 1.0 -1.4 11.8 Low forecast 0.2 -1.4 11.7 Previous period -1.2 -3.6 11.7 - Number of responses 4 1 10 - Berenberg Bank 0.8 n/a 11.8 BNP Paribas 0.3 n/a 11.8 Capital Economics 1.0 -1.4 11.8 Citi 0.2 n/a

  • 2013-01-08 03:25


    MNI FX TECHNICAL ANALYSIS 8 January 2013

    EURO-DOLLAR TECHS: Daily Studies Firmer As Bears Meet Buying Pressure RES 4: $1.3487/91 High Feb 2012, 50.0% of $1.4940 to $1.2043 RES 3: $1.3388 100-week MA RES 2: $1.3296/3308 Upper Bollinger Band, High Dec 19 RES 1: $1.3150/56/60 38.2% of $1.4940-1.2043, 23.6% of $1.2662-1.3308, 21-DMA LATEST PRICE: $1.3128 SUP 1: $1.3080 Former May 1 trendline SUP 2: $1.3024 Lower daily Bollinger band SUP 3: $1.2971/85/91 Jul 24 supp, 50.0% $1.2662-1.3308, 55-DMA SUP 4: $1.2909/2929 61.8% of $1.2662 to $1.3308, 100-DMA COMMENTARY: Euro-dollar met some buying pressure as it leaves long lower shadows on the last two candles. Daily studies could turn bullish if today's close is higher, cautioning bears.