New Zealand PPI

Tuesday Highlights

August 19, 2014

The dollar, equities, and sovereign debt yields rose. Perceived geopolitical risks lessened. New Zealand producer prices recorded their greatest quarter-on-quarter drop since 3Q12, and government officials revised growth and inflation forecasts slightly downward for New Zealand. British CPI and PPI inflation decelerated more than expected in July. Euroland recorded current account surpluses in July of […] More

Lower Bond and Stock Prices

August 19, 2013

Financial turbulence in Indonesia where 1) equities plunged 5.6% to a 21-month low, 2) the rupiah dropped 1% and touched 10,500/USD for the first time in four years, and 3) the 10-year bond yield advanced to a 29-month high.  Markets have reacted adversely to a string of bad economic news including Friday’s report of a […] More