segunda-feira, 10 de agosto de 2009

Dados Macro

Esta semana serão divulgados nos EUA alguns dados macro-económicos que considero importantes: a reunião do FOMC (Federal Open Market Committee) na 3ª e 4ª, as vendas a retalho na 5ª e a produção industrial na 6ª feira.

No que diz respeito à reunião do FOMC, a nota de imprensa (ver aqui na íntegra) aquando da última reunião dizia o seguinte sobre a situação económica:

"Information received since the Federal Open Market Committee met in April suggests that the pace of economic contraction is slowing. Conditions in financial markets have generally improved in recent months. Household spending has shown further signs of stabilizing but remains constrained by ongoing job losses, lower housing wealth, and tight credit. Businesses are cutting back on fixed investment and staffing but appear to be making progress in bringing inventory stocks into better alignment with sales. Although economic activity is likely to remain weak for a time, the Committee continues to anticipate that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus, and market forces will contribute to a gradual resumption of sustainable economic growth in a context of price stability. The prices of energy and other commodities have risen of late. However, substantial resource slack is likely to dampen cost pressures, and the Committee expects that inflation will remain subdued for some time."

Resumindo, para já, nem "green shoots" nem inflação à vista! É de prever mais algum optimismo esta semana mas sempre com muita cautela...

Quanto às vendas a retalho e à produção industrial, respectivamente, os gráficos dizem tudo:




Cumprimentos,

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