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
