Archive for September 28th, 2011

Deeper Analysis

German Inflation

September 28, 2011

Consumer prices in Germany according to preliminary estimates advanced 0.4% seasonally adjusted in September, and the 12-month inflation rate climbed 0.2 percentage points to 2.6%, a three-year high.  Energy was responsible for somewhat over a third of all on-year inflation.  Moreover, the momentum of German inflation has been subsiding as attested by an annualized three-month […] More

New Overnight Developments Abroad - Daily Update

Another Speed Bump in Greek Bailout Talks

September 28, 2011

Overnight reports have been confusing on the negotiations over a bailout plan for Greece, specifically over how much debt to write off in a default.  The head of the German IFO Institute said Greece needs to leave the euro area as the only feasible way it can recoup competitiveness. The dollar is lower, consistent with […] More