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Roboforex Forex Fundamental Analysis 11/14/2012: Evromedvedi took a break.
Most likely, the new installment Greeks did approve, but tensions over the Eurogroup meeting anyway will put pressure on the single currency. Second, uncertainty remains around Spain as Madrid stubbornly refuse to apply for involvement finpomoschi. Yesterday the German press began to filter messages that Berlin considered the option combining the three planned transfer to Athens in one which can be as high as 44 billion euros.However, as German Finance Minister Wolfgang Schaeuble, and if such a decision is taken, it is only in a package with the major control mechanisms. The Germans were clearly not satisfied with the periodic inspection of the inspectors "three" and they want a coherent system that regularly allowed to monitor the situation in Greece. In Germany itself, the situation is also very worrying. ZEW sentiment index fell to -15.7 compared to -11.5 in October, which increases the probability of contraction in GDP in the fourth quarter. In addition, there is a negative dynamics in the distribution of industrial new orders, production and exports. If Germany's economy did enter the "red zone", the pan-European GDP to be less bold, because it is the German positive statistics constrained input eurozone into recession. only thing that is holding back EUR / USD from a serious crash - the risk of "financial disaster" in the U.S. in January. While some progress in the negotiations in Congress is not observed. Barack Obama continues a series of meetings with leaders of trade unions, community organizations and business associations in order to put pressure on the Republicans, who have a majority in the House.Meanwhile, recent surveys, pessimism among U.S. business is growing every month. On Wednesday, the focus will be on the market to U.S. statistics. At 17.30 GMT will be announced retail sales data. If last month rose by 1.1%, it is now expected a slight decrease of 0.2%. Late in the evening, at 23.00 Moscow time will be published the minutes of the last Fed meeting, of which can be shed light on the prospects for QE3. However, even earlier released statistics on the European industrial production (14.00 GMT) - here the bears on EUR / USD and can get significant support. company's research department RoboForex Stanislav Koval
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