French business sentiment

Eye on the U.K.

January 23, 2013

Sterling hasn’t reacted much to news out of Britain, edging 0.1% higher against the dollar. Prime Minister Cameron’s delayed speech on Britain’s relationship to the EU promised an in/out referendum by December 2017 if Conservatives are reelected.  He like Britain to stay in the EU but only if the rules of its relationship to the […] More

Stocks Falter in Europe

October 23, 2012

Share prices have dropped 0.9% in Germany, 0.8% in Britain, 0.6% in Italy and France and 0.5% in Spain.  In the Pacific Rim earlier, equities declined by 1.3% in China, 0.8% in South Korea, 0.5% in Taiwan, 0.4% in India and 0.3% in Indonesia but rose 0.7% in Hong Kong, 0.4% in New Zealand and […] More

Gloom Continues over Euro Debt Problems

April 10, 2012

The Easter break is over, and investors continue to fret about Europe’s debt issues.  The IMF will be releasing a new World Economic Outlook today. The Spanish-German 10-year sovereign debt yield spread widened to 5-month high. Post-holiday opening levels of ten-year German bund and British gilt yields show steep drops of five and eight basis […] More

Euro Trading Back Above $1.4000 But Greek Problem Persists

May 24, 2011

The euro, which touched a low of $1.3969 on Monday, recovered to $1.4108, 0.4% stronger than Monday’s close.  The dollar is also down overnight by 1.0% against the kiwi, 0.6% versus the Aussie dollar, 0.4% relative to the Swiss franc, 0.3% against the yen and sterling, and 0.1% versus the Chinese yuan. Stocks have stabilized […] More

css.php