Archive for April 13th, 2010

Deeper Analysis

U.S. and Canadian Latest Trends in Trade

April 13, 2010

The U.S. recorded a $39.7 billion goods and services trade deficit in February, which exceeded expectations yet again.  The deficit in December-February averaged $38.9 billion per month, 43.8% wider than in the second quarter of 2009.  If the dollar moved in lockstep with relative economic growth, it would be a chronically appreciating currency because U.S. […] More

New Overnight Developments Abroad - Daily Update

Higher Inflation on Energy

April 13, 2010

The U.S. and Canadian dollars lost 0.4% against the kiwi and sterling, 0.3% against the Swissie, and 0.1% against the yen, euro, and Australian dollar. Equities have fallen 1.1% in Taiwan, 0.8% in Japan, 0.7% in Australia, 0.4% in Malaysia, 0.3% in Pakistan and 0.2% in Hong Kong.  In Europe, the German Dax is 0.4% […] More