British CPI and PPI
Deepening Trade War Concerns
March 20, 2018
The Fed’s two-day policy review starts today. The first post-meeting press conference of the Jay Powell era and a likely 25-basis point interest rate hike are tomorrow, and investors are anxious to see if there is a signal that four increases this year are more likely than two or three. But all this has been overshadowed […] More
Some Market Relief after Chinese Data Announced
January 19, 2016
The eagerly awaited Chinese economic data confirmed slower growth late in 2015 but not as much so as feared. Chinese data are notoriously distrusted, so one has to wonder how long today’s rally will last. The dollar fell 1.1% against the Australian dollar, 0.7% versus the loonie, 0.2% relative to the kiwi and sterling and […] More
