Archive for March 30th, 2010

Deeper Analysis

British Economic Growth Dissected

March 30, 2010

The Great Recession knocked the stuffing out of the British economy, depressing real GDP by 6.2% between the first quarter of 2008 and the third quarter of 2009.  The U.K. had been one of the Group of Seven’s more vibrant economies earlier last decade, expanding at a 2.7% pace over the period’s first eight years […] More

New Overnight Developments Abroad - Daily Update

Commodity-Sensitive Currencies and Sterling Strengthened

March 30, 2010

The U.S. dollar lost 0.9%, 0.5%, and 0.4% against its Canadian, New Zealand and Australian counterparts.  The greenback also fell 0.7% against sterling but is otherwise steady, showing a 0.1% uptick against the yen, no change relative to the Swiss franc, and a 0.1% dip against the euro. The Nikkei advanced 1.0% and closed above […] More