Euroland sentiment and retail PMIs
FOMC Day Among Other Things (Like the First Estimate of 4Q U.S. GDP)
January 30, 2013
The yen fell to its lowest dollar level (91.43) since June 7, 2010 and its weakest quote against the euro (123.89) since May 4, 2010, while the Nikkei-225 closed above 11,000 for the first time since May 5, 2010. The euro reached its strongest level against the dollar (1.3564) since November 22, 2011. On balance […] More
Fresh Cause for Investor Gloom
May 30, 2012
A press report from China dampened expectations of macroeconomic stimulus. The ECB turned down the Spanish government’s request for help bailing out Bankia. Italian sovereign debt auctions today produced only so-so results. Facebook’s share price fell further in after-hours trading to less than $28.50. Australian retail sales dropped to an 11-month low. Euroland’s economic sentiment […] More
