Commentary
We publish information about the five most important events happened last week on the market.
1. Data to overtake earnings as May looms
Expect the latter half of earnings season to get shoved aside as investors focus more on economic data and central-bank policy in the coming week, according to analysts.
Read more:
http://www.marketwatch.com/story/data-to-overtake-earnings-as-may-looms-2013-04-28
2. Ebbing inflation means more easy money in name of stable prices
Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.
Read more:
http://www.bloomberg.com/news/2013-...more-easy-money-in-name-of-stable-prices.html
3. US earnings beating forecasts but Jury's out on rest of season
U.S. companies have easily beaten expectations for first-quarter earnings so far in the reporting season, but nearly half of the members of the S&P 500 are yet to announce results and they are unlikely to be as robust.
Read more:
http://www.cnbc.com/id/100682264
4. China industrial profit growth slows as economic recovery wanes
Growth in Chinese industrial companies’ profits slowed in March, adding to evidence the nation’s economic recovery is losing steam.
Read more:
http://www.bloomberg.com/news/2013-...-industrial-companies-profit-rises-12-1-.html
5. A stiffening headwind
An outbreak of disappointing American economic data is raising fears of a return of the "spring swoon". For a fourth year running, the American economy seemed to sprint out of the gates in January and February only to lose pace by April. But according to figuresreleased this morning by the Bureau of Economic Analysis, even the early year clip might have been more trot than gallop. The American economy grew at just a 2.5% annual pace in the first quarter. While that is up from a 0.4% performance in the fourth quarter of 2012, it came in below expectations for growth at or just above 3%.
Read more:
http://www.economist.com/blogs/freeexchange/2013/04/americas-economy-0