| The KUIK Morning Market Report for Monday, February 17: | |||||||
| US Markets are closed in honor of President’s day but here are some of the stories we’re following in foreignn markets. | |||||||
| The German economy expanded in January according to the Bundesbank, Germany’s central bank, indicating that Europes ’s largest economy, is likely to see further growth in the first quarter. Data from the German Statistics Agency showed Germany’s economy grew by 0.4% in the fourth quarte, beating expectations of 0.3% growth forecast in a poll conducted by The Wall Street Journal. The government also increased its forecast for economic growth last week and now says the economy will grow by 1.8% in 2014, rather than the 1.7% forecast earlier, because of strong domestic demand. | |||||||
| Japan is not doing as well. Its economy grew a seasonally adjusted 0.3% in the fourth quarter, unchanged from the growth rate in the 3rd. The result trailed a Reuters forecast for 0.7% growth and is slower than the 1.2% and 1% growth seen in the first and second quarters of 2013. On an annualized rate, gross domestic product rose 1%, missing expectations for a 2.8% gain. | |||||||
| Greece’s primary budget surplus for 2013 will be nearly double its target, the country’s prime minister said Sunday. Antonis Samaras said the primary budget surplus, which does not include interest payments, will exceed 1.5 billion euros ($2.05 billion). | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/german-economy-on-upswing-in-winter-bundesbank-2014-02-17 | |||||||
| http://www.marketwatch.com/story/japan-economic-growth-disappoints-2014-02-16 | |||||||
| http://www.marketwatch.com/story/greek-pm-budget-surplus-will-be-double-target-2014-02-16 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||