Archive for October 18th, 2011

Deeper Analysis

U.S. Tuesday Data Highlights

October 18, 2011

A greater-than-assumed 2.3% leap in producer energy prices spearheaded last month’s 0.8% rise of the overall PPI index and lifted on-year energy price inflation to 18.4% from 15.9% in the year to August.  Core producer price inflation is in the Goldilocks zone.   A monthly gain of 0.2% after 0.1% in August isn’t excessive, but by […] More

New Overnight Developments Abroad - Daily Update

More Bad News for Europe

October 18, 2011

The ZEW Institute released its October figures for Investor expectations toward Germany and Europe and suggested that Germany already may be in technical recession. The data were much worse than anticipated. For Germany, the expectations index worsened five points to minus 48.3, the lowest level since November 2008.  Such had been at +3.1 in May.  […] More