Eurozone industrial output rises 2.1% on Ireland surge – BBC News

Eurozone industrial output rises 2.1% on Ireland surge – BBC News

Eurozone industrial production grew at its highest rate in more than six years during January, driven by a sharp increase in output from Ireland.

Production rose by 2.1% across the 19-member euro area, reversing negative readings in December and November.

It is the highest monthly rise since September 2009, when monthly output jumped 2.3%.

Ireland recorded the biggest increase in production, which rose 12.7% in January compared with December.

Growth was also boosted by a sharp rise in capital goods, such as equipment and machinery, which are an indicator of future industrial investments.

However, while the rise was above expectations of a 1.7% month-on-month increase, analysts warned that growth might not be sustained at these levels.

Howard Archer, chief European and UK economist at IHS Global Insight, pointed to Markit’s purchasing managers’ index for the manufacturing sector in February which showed that activity had fallen to a 12-month low in February on slower growth of production, new orders, exports and employment.

les mer
Dette sier økonomene: Så lavt kan boliglånsrentene falle – e24 nyhet

Dette sier økonomene: Så lavt kan boliglånsrentene falle – e24 nyhet

Hvis Norges Bank kutter styringsrenten, vil boliglånsrentene trolig følge etter. Men hvor lavt er det realistisk at boliglånsrenten kan gå?

Torsdag er det klart for rentemøte i Norges Bank. En rekke økonomer E24 har snakket med, har følgende spådom for hva møtet vil bringe: det blir rentekutt.

Per dags dato ligger styringsrenten på 0,75 prosent, og økonomene mener den skal ned minst 0,25 prosentpoeng. Noen drister seg til å tippe at Olsen kutter hele 0,5 prosentpoeng, som i så fall sender renten ned til 0,25 prosent.

les mer
Valutamarkedet ruster seg for store bevegelser – e24 nyhet

Valutamarkedet ruster seg for store bevegelser – e24 nyhet

«Alle» tror at sentralbanksjef Øystein Olsen svinger rentesabelen og kutter renten torsdag. Men tross liten spenning rundt selve renteavgjørelsen, stålsetter aktørene i valutamarkedet seg for store svingninger.

Torsdag klokken 10 annonserer Norges Bank årets første rentebeslutning.

I forkant av ukens viktigste begivenhet er «ingen» i tvil om selve rentedommen, skal vi tro forventningene til markedsøkonomene:

10 av 10 prognosemakere E24 har vært i kontakt med, venter at sentralbanken vil annonsere at styringsrenten kuttes fra 0,75 til 0,5 prosent. En historisk lav styringsrente vil i så fall bli enda lavere.

17 av 17 eksperter TDN Finans har vært i kontakt med, er også klar i sin tale: Rentekutt.

les mer
LSE and Deutsche Boerse agree ‘merger of equals’ – BBC News

LSE and Deutsche Boerse agree ‘merger of equals’ – BBC News

The London Stock Exchange Group (LSE) and Germany’s Deutsche Boerse agree terms on a «merger of equals».

The tie-up will create one of the largest exchange companies in the world with a combined value of about £21bn.

Under the terms of the deal, LSE shareholders will own 45.6% of the new holding company, while Deutsche Boerse shareholders will own 54.4%.

LSE chief executive Xavier Rolet said the two firms were «creating an industry-defining combination».

The two companies said together they should be able to make cost savings of €450m (£354m) a year, about 20% of the combined group’s operating costs of €2.2bn last year.

The LSE group already owns Milan-based Borsa Italiana.

les mer