Currency Markets in the News
Ezone Versus U.S. Consumer Price Inflation
August 14, 2008
Consumer prices in the United States rose 5.6% in the 12 months to July compared to their increase of 4.0% in the euro area. That 1.6 percentage point (ppt) differential compares to spreads of 0.6 ppt in the year to July 2007, 1.7 ppts in the year to July 2006, 1.0 ppt in the year […] More
Currency Markets in the News
2Q Growth Negative in Euroland
August 14, 2008
Real GDP among countries using the euro fell 0.2% not annualized last quarter. Such was the first contraction since at least 1995 for this Bloc and reduced on-year growth to 1.5% from 2.1% in 1Q08 and 2.7% in 3Q07 when the global economic problems began. Quarterly growth was in the red for Germany (-0.5%), France […] More
New Overnight Developments Abroad - Daily Update
New Developments Abroad: Euroland Growth Fell 0.2% in 2Q As Expected
August 14, 2008
The dollar is mixed, with gains of 0.2% against the yen, Swissy and kiwi and of 0.1% against the euro, but drops of 0.3% against the Australian dollar and 0.1% relative to sterling. The Canadian dollar is unchanged. Stocks in India (-2.4%) and Japan (-0.5%) are lower, whereas the British Ftse (1.4%), Paris Cac (1.1%) […] More
