Archive for May, 2008
Will Slow Growth End Start A Bullish USDCAD Trend?
Will Slow Growth End Start A Bullish USDCAD Trend?
What Are The Markets Facing?
The Canadian GDP report is due out Friday which will provide measurements of growth for the month of March and the first quarter of 2008. Expectations are that the economy was flat for March and slowed in the first quarter to 0.4% […]
German Consumer Inflation Jumps The Most In 17 Months
German Consumer Inflation Jumps The Most In 17 Months
German Consumer Price Index (MAY P) (MoM) (YoY) Actual: 0.6% 3.0% Expected: 0.4% 2.9% Previous: -0.2% 2.6%
The preliminary reading for consumer-level inflation in Europe’s largest economy produced a greater than expected rebound through May. Economists were already […]
Dollar Looks for Inflows
Dollar Looks for Inflows
Some improvement in net capital flows should underpin the dollar despite the very fragile economic conditions.
The Euro strengthened to highs above 1.58 against the dollar in early Europe on Tuesday, but failed to sustain the gains.
The US data was generally frail on Tuesday, but offered some slight encouragement over future trends. Consumer […]