US Philly Fed Manufacturing Index +1.0 vs. +2.3
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Geithner Proposal to Set “Sustainable” Trade Targets Rejected
A proposal by US Treasury Secretary Timothy Geithner to set “sustainable” targets for tr...
US New Jobless Claimants Fall 23,000
The number of newly-unemployed filing for benefits claims fell by 23,000 last week to a total of 452...
China’s Growth Slows Slightly in 3rd Quarter
China’s red-hot economy cooled slightly during the third quarter with growth falling to 9.6 pe...
Canada Leading Indicator Falls on Housing
Canada’s index of leading economic indicators unexpectedly fell in September, the f...
CAN Leading Index m/m -0.1% vs. +0.2%
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US Unemployment Claims +452k vs. +454k
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EUR held hostage by dollar
We have witnessed a zero-sum game after five sessions of extreme volatility for the EUR. In effect i...
EUR Flash Manufacturing PMI 54.1 vs. 53.2
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UK Announces Bank Levy
As part of sweeping spending cuts announced by Chancellor George Osborne, a new bank levy will be ap...
Canadian Wholesale Prices Jump 1.2%
Statistics Canada said today that wholesale prices increased 1.2 percent to $44.5 billion in August....
CAN Wholesale Sales m/m +1.2% vs. +0.5%
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Pricing in, out, not enough or too much QE2
The lights were on, but no one could see. The market has been blinded by China’s su...
Geithner Vows to Preserve Dollar Confidence
Despite a seven percent decrease in the US dollar since the end of August, US Treasury Secretary Tim...
Bank of Canada maintains overnight rate target at 1%
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...
China Surprises With First Rate Increase Since 2007
With inflation pegged at 3.6 percent, the People’s Bank of China announced on its website that...
BOC remains on hold at +1%
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US Housing Starts at 5-Month High
Analysts were for the most part surprised to learn that for September, the annualized rate for housi...
Japan Lowers Growth Outlook
As demand for Japan’s exports weakens due largely to the recent appreciation of the yen, the J...
US Housing Starts +0.61k vs. +0.59k
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