European industrial production

More Productive U.S. Budget Talks???

October 10, 2013

There were unconfirmed overnight press reports that budget negotiators were showing greater willingness to compromise on a temporary extension of the budget ceiling that would push the drop dead date a month or so past mid-October.  Meanwhile, the release of more scheduled U.S. data has been delayed. Brazilian monetary authorities lifted the Selic interest rate […] More

European Equities Lower in Spite of Better than Expected Industrial Output Data

October 10, 2012

Taking their cue from Tuesday action in North America, share prices fell by 2.0% in Japan, 1.6% in South Koreak 1.1% in Singapore, 0.9% in India, 0.5% in the Philippines and New Zealand, and 0.3% in Taiwan and Australia.  In Europe stocks have lost 0.7% in Spain, 0.5% in Italy, 0.4% in Britain, and 0.3% […] More