Beijing raises min. wage 20% o/n-similiar to a currency reval-higher unit labor costs
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ADP Non-Farm Employment Change +55k vs. +68k
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A EUR trend not correction
Equities have been the ‘flavor du jour’ of asset classes. Stronger US...
Yen Weakens as Japan’s PM Announces Resignation
Japan’s Prime Minister, Yukio Hatoyama, announced that he will resign less than two months bef...
US pending Home sales m/m +6.0% vs. +4.9%
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Canadian Small Businesses Confidence on the Rise
One day after the Bank of Canada boosted the overnight lending rate to 0.5 percent from 0.25 percent...
EUR only spluttering as Yen loses safe heaven appeal
Everyone and their mother expect EUR to trade sub 1.20 by month end, some even by week end. Itââ...
Is the Plan to Save the Euro Working?
It has been just under a month since the EU and the International Monetary Fund came through with a ...
Employment, Retail Sales Improve in Germany
May proved to be a very strong month for Germany as unemployment declined and retail sales rebounded...
ECB Says More Bank Losses Likely
The European Central Bank suggested that banks in the eurozone could lose up to another 198 billion ...
BOC hikes rates-Statement
Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning...
BOC hikes O/N rate +25bp to +0.5%
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Markets Expected to Open Lower as Euro Tumbles
Stock futures fell Tuesday as the euro retreated to a four-year low against the dollar. Markets in t...
EUs double dip squeeze for EURO
The EUR is failing to find support this morning as it encroaches on three year lows against the doll...
Russian CBank cuts rates by 25bp to +7.75%
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Bond Market Troubles Could Signal Bursting of China Property Bubble
A widening of spreads on dollar bonds issued by developers could signal the imminent bursting of Chi...
Hurricane Fears Push Oil Prices Higher
Oil prices continued the gains made last week, reaching $74.51 cents a barrel in electronic trading ...
China Warns Euro Debt Crisis Could Trigger Second Recession
Suggesting that the European debt crisis could trigger a second “double-dip” recession, ...
Can IPPI m/m +0.3% vs. +0.4%
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Can RMPI m/m +1.7% vs. +0.8%
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