{"id":23009,"date":"2014-04-15T14:49:10","date_gmt":"2014-04-15T18:49:10","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=23009"},"modified":"2017-06-21T12:37:23","modified_gmt":"2017-06-21T16:37:23","slug":"weekly-market-wrap-up-april-15-2014","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2014\/04\/weekly-market-wrap-up-april-15-2014\/","title":{"rendered":"Weekly Market Wrap Up, April 15, 2014"},"content":{"rendered":"<p><strong>Market Overview:<\/strong><\/p>\n<p>US fundamental economic data should start to look a bit sunnier as a dreary winter fades away. The upcoming week will focus on March spending, retail sales, housing, and a first look into April regional manufacturing output. Inflation will probably remain low and well below the target of 2 percent as total costs have been so weak. Experts do not see inflation return to 2 percent for another two to three years. Consumer inflation in China remained well below the government\u2019s target in March when the producer price index fell 2.3 percent, after a 2 percent drop in February extending the decline to 25 months. In Europe, Moody\u2019s downgraded Turkey\u2019s credit-rating outlook to negative from stable 11 months after upgrading the debt to investment grade.<\/p>\n<p>Also in Europe Volkswagen, Europe\u2019s largest carmaker, ruled out increasing its 6.7 Billion euro bid for the rest of Scania AB after some minority stakeholders rejected the deal as being too low. Volkswagen, which already controls 62.6 percent of Scania\u2019s capital via direct and indirect holdings is pushing to offer 36 percent more than Scania\u2019s closing price. The German carmaker only plans to pursue the bid if it can secure 90 percent of Scania.<\/p>\n<p><strong>Weekly Review:<\/strong><\/p>\n<ul>\n<li>Consumer Credit rose $2.3 Billion above analysts\u2019 forecasts<\/li>\n<li>Export Prices decreased 0.1%<\/li>\n<li>Import Prices increased 0.4%<\/li>\n<li>The Treasury Budget was decreased by $36.9 Billion<\/li>\n<li>Natural Gas Inventories rose to 4 bcf<\/li>\n<\/ul>\n<p><strong> Things to look for next week:<\/strong><\/p>\n<ul>\n<li>Retail Sales<\/li>\n<li>Core CPI<\/li>\n<li>Crude Inventories<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Article submitted by: J. Camilo Parra &amp; David Gomez\u00a0of the Capital Markets Lab (CML). To learn more about the Capital Markets Lab (CML) please visit <a href=\"https:\/\/business.fiu.edu\/capital-markets-lab\/\">https:\/\/business.fiu.edu\/capital-markets-lab\/<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: US fundamental economic data should start to look a bit sunnier as a dreary winter fades away. The upcoming week will focus on March spending, retail sales, housing, and a first look into April regional manufacturing output. Inflation will probably remain low and well below the target of 2 percent as total costs [&hellip;]<\/p>\n","protected":false},"author":70,"featured_media":24660,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,3505],"tags":[311,458,2663,2893],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/23009"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=23009"}],"version-history":[{"count":10,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/23009\/revisions"}],"predecessor-version":[{"id":28329,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/23009\/revisions\/28329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media\/24660"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=23009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=23009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=23009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}