Indian WPI

Oil Talks Collapse and a Brazilian Vote to Impeach President Rousseff

April 18, 2016

Oil ministers from OPEC and Non-OPEC producers did not agree to freeze production at January levels.  Iran didn’t join the meeting, and Saudi Arabia refused to adopt any accord without Iranian participation.  Hopes for an agreement had previously lifted oil by more than 60% from a 12-year low of $26.05 on February 11 to over […] More

European GDP Growth Last Quarter Beats Expectations and Lifts Euro

February 14, 2014

The dollar had depreciated by 0.9% against the Swiss franc, 0.8% relative to the euro, and 0.7% versus sterling.  The greenback also lost 0.6% against the yen, 0.7% versus the kiwi, and 0.4% relative to the loonie. There’s been a dip of 0.1% against the Aussie dollar and a 0.1% uptick versus the yuan. The […] More