Week In Review September 25-30
The week is ending with the pendulum swinging back in favor of risk reduction. The catalysts for the...
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Japan Authorizes 15Bn for Intervention
After disappointing industrial output figure the Japanese government announced an increase in their ...
Austria Approves Euro Rescue Deal
115 Austrian MP voted in favor of the rescue deal, while 53 voted against it. The Austrian approval ...
ECB to Take Anti Lending Freeze Measure Next Week
The market expects the ECB to tackle the more immediate lending freeze and leave the major changes n...
U.S. Consumer Spending Declines in August
An unexpected drop in incomes for the month of August resulted in consumers holding off on purchases...
Canadian Economy Grows in July
For the second straight month, the Canadian economy recorded positive growth after an overall contra...
S&P and Fitch cut NZ rating on external debt worries
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NZD and AUD monthly fall worst since January 09
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Current Yen levels hurting Japanese economy – FinMin Azumi
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CAD Economy grew +0.3% in July, +2.3% y/y
CANADA’S ECONOMY GREW 0.3% IN JULY, 2.3% FROM YEAR-AGO MONTH Content is for general informatio...
Swiss Sept KoF Leading Indicator 1.21 vs 1.61 pvs, 1.35 exp
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Bundestag not willing to leverage EFSF – EconMin Roesler
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German August Retail Sales -2.9% M/M, lowest since May 07
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EZ August Unemployment unchanged at 10.0%, as expected
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Euro slips into month/quarter-end on continued EZ debt concerns
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EURO Liquidation To Continue
The market is trying to get through month and quarter end without giving up too much. Some price act...
Facing Facts: Greek Default Inevitable
Publically, Eurozone officials continue to pledge their full support for Greece and refuse to acknow...
Fitch downgrades New Zealand to AA outlook stable
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Bernanke Calls Unemployment “National Crisis”
Federal Reserve Chairman Ben Bernanke referred to the U.S. unemployment situation as a “nation...
German Parliament Approves Bailout Fund
The tight vote expected in the German Parliament over the question of supporting an expansion of the...