Weekly comment MM Prime TFI - December 14, 2015
The second week of December did not bring us a lot of economic data. German industrial production in November rose by 0.2% vs 0.7% expected. The eurozone’s GDP revision did not surprise and indicated a growth of 1.6%. The number of applications for unemployment benefits in the US was higher that it was predicted. What is more, American retail sales in November grow by 0.2% vs 0.3% expected. However, this data did not affect the fluctuations of the major indices.