MARKET INTELLIGENCE – 03.04.12

Macroeconomics

The financial markets are still offering a mixed bag of news. In the US the economy is showing some signs of improvement. In particular the labour market is presenting itself in a healthier state with unemployment declining slowly and consumer confidence slowly improving. Just Mr Bernanke, the chairman of the federal reserve, seems not to be fully convinced yet and the market was reading his statements that the time of cheap money supply will not come to an end soon.

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