Italian GDP

Dollar Down.. So Are Bond Yields, Stocks and Oil

March 2, 2018

The dollar fell nearly 1% overnight against the yen to a new 2018 low. The U.S. currency has also lost 0.8% versus the Swiss franc and 0.5% vis-a-vis the euro, and it has move under a key psychological trade-weighted level. The German Dax and Japanese Nikkei are down 1.3%. Ten-year German bund and British gilt […] More

Focus Shifts to China

March 12, 2012

Now that aid to Greece from the EU/ECB/IMF seems assured, attention has fixed on the extent of a slowdown in China. China’s government reduced its growth forecast to 7.5%.  The projection for several years had been 8%, but actual GDP growth perennially surpassed that yardstick. Data last week showed lower-than-expected Chinese CPI and PPI inflation. […] More