European Economic Data Preview: Bank of England Minutes
European Economic Data Preview: Bank of England Minutes
The release of the minutes from the last meeting of the Bank of England headline the economic calendar in European trading hours. Mervyn King and company had embraced the rhetoric long espoused by perennially dovish MPC member David Blanchflower, moving aggressively to cut borrowing costs by a whopping […]
Data Shows Euro Officially in Recession Pressuring Euro
Data Shows Euro Officially in Recession Pressuring Euro
GER Consumer Prices Down 0.2% in October
In Germany, October’s final release of CPI confirmed the preliminary release showing prices easing 0.2% on the month, while the annual rate also was unchanged from preliminary estimates of 2.4%. Prices are easing for consumers as the decline in commodity prices filters […]
Why the Lack of Reaction to Friday’s Dismal US Employment Data?
Why the Lack of Reaction to Friday’s Dismal US Employment Data?Euro, British Pound Consolidate Losses Post-Rate Cuts, But Long-Term Trends Remain BearishCommodity Dollars Surge, Japanese Yen Slips as Volatility CoolsUS Dollar: Why the Lack of Reaction to Friday’s Dismal US Employment Data?
The US dollar may have ended the day lower versus most of the majors, […]