Krugman Uses the “D” Word
It has only been two days since the wrap-up of the G20 meeting, but already, second-guessing has shi...
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European Banks Borrow Less Than Expected
The European Central Bank said today that it is making up to 131.9 billion euros ($161.5 billion) in...
Canada’s GDP Remains Unchanged
Statistics Canada reported that after seven straight monthly increases, GDP remained unchanged in Ap...
Oil Falls Below $77
Oil fell to $76.79 in Europe today following yesterday’s stock market losses. News that German...
CAN GDP m/m +0.0% vs. +0.2%
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US ADP Non-Farm Employment Change +13k vs. +55k
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EU fear of liquidity crunch exaggerated dollar falls
This week after the G20, the BIS argued that extremely low real rates have altered investment decisi...
US CB Consumer Confidence 59.2 vs. 62.8
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China Growth Fears Push Down Bond Yields
Fears that growth in China is weakening and falling Asian stocks conspired with the on-going Europea...
Japan’s Unemployment on the Rise, Spending Decreases
Analysts were caught off guard today on news that Japan’s unemployment rose to 5.2 percent in ...
Pound Continues to Gain on Euro
The pound climbed to a 19-month high against the euro yesterday as nervous investor’s anxiousl...
CAN IPPI m/m +0.3% vs. +0.3%
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CAN RMPI m/m -7.2% vs. -0.3%
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Double-dip debate derails EUR again
With the G20 out of the way the market can get back to ‘reality’. The...
G20 Wrap Up
Like any international gabfest these days, two things are certain: leaders will give the impression ...
US Consumer Spending Up Slightly
The US Commerce Department said that consumer spending rose by 0.2 percent in May. Despite the sligh...
G20 Agrees to Deficit Cuts by 2013
One of the expected sticking points at the G20 this past weekend in Toronto, was the growing tension...
US Personal Income m/m +0.4% vs. +0.5%
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US Core PCE Price Index m/m +0.2% vs. +0.2%
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US personal spending +0.2% vs. +0.1%
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