Deeper Analysis
U.S. and Canadian Consumer Price Inflation
January 20, 2010
Seasonally adjusted consumer prices dipped 0.1% in December but firmed 0.4% in the United States. The December-over-December CPI increases were respectively 1.8% in the U.S. and 1.3% in Canada. Canada enjoyed an even greater advantage in comparisons of whole 2009 inflation, where the readings were merely 0.1% in Canada but 2.7% on average in the […] More
New Overnight Developments Abroad - Daily Update
China and Greece Weigh on Investor Psychology
January 20, 2010
Markets continue to obsess about Greece’s fiscal problems. Stark of the ECB said that fiscal rules mustn’t be bent to accommodate Greece and stressed that the euro area economic recovery will be uneven and slow. The euro fell below $1.4200 and lost 0.9% against the dollar. The Swiss franc also fell 0.9%, while sterling is […] More
