Deeper Analysis
Euroland Growth at a Glance
June 29, 2011
The euro area economy lost momentum late in the second quarter but continued to expand on the whole. The table below looks at five key data series, comparing June readings to second-quarter average scores, first-quarter averages, December 2010 results, and lows reached in late 2008 or early 2009. The indicators are Euroland’s composite purchasing managers […] More
Central Bank Watch
Romanian Monetary Policy Kept Unchanged
June 29, 2011
Romania’s monetary policy rate has been 6.25% since May 2010 and will remain at that level until at least the next meeting on August 3. The central bank has not yet begun tightening, even tough CPI inflation of 8.4% as of May is twice as high as its level at the time of the May […] More
New Overnight Developments Abroad - Daily Update
Dollar Down Ahead of Greek Vote on Austerity Later Today
June 29, 2011
The euro topped $1.4400 for the first time in a week and is 0.4% higher on balance. The dollar has also lost 1.2% against the kiwi, 0.6% relative to the Australian dollar, 0.5% versus the Canadian dollar, 0.2% against sterling, and 0.1% relative to the yuan. Dollar/yen and dollar/Swiss are unchanged. Dollar/Swiss was as weak […] More
