Euroland construction output

U.S. Debt Crisis Averted for Now.. Markets Turn to React

October 17, 2013

U.S. agreement details: Government shutdown suspended until January 15, barring a budget deal before then. Debt ceiling raised temporarily through February 7, though real deadline now sometime in March. President Obama has enhanced safeguards to avoid a default at the next crisis. Deal agreed by 81-18 senate vote and 285-144 vote in the House. There’s […] More

Thanksgiving Week Starts on Optimistic Note

November 19, 2012

This will be a holiday-shortened week in the United States.  Japanese markets will be closed Friday for Labor Thanksgiving. In today’s session so far, European share prices have rallied 1.4% in France, 1.3% in Germany, 1.2% in Italy, 1.0% in Britain, and 0.7% in Spain.  The Japanese Nikkei climbed 1.4% and closed above 9100.  Stocks […] More

Uneasiness about Europe on a Light Data Release Day

March 19, 2012

Share prices are lower in Europe, with drops of 0.6% in Paris and 0.4% in London and Frankfurt.  In the Pacific Basin, equities fell by 1.2% in India, 1.0% in Pakistan and Hong Kong, 0.7% in Singapore, and 0.5% in New Zealand.  Stocks edged up 0.6% in South Korea, 0.3% in Australian and 0.1% in […] More