Archive for November 8th, 2011

Deeper Analysis

Bad News Trumps Good News

November 8, 2011

It’s being reported that Lucas Papademos will be chosen to head up the Greek Unity government.  With a doctorate in economics from MIT and prior experience as the Governor of the Bank of Greece and Vice President of the ECB, Mr. Papademos is highly regarded and the best candidate for this temporary position until elections […] More

New Overnight Developments Abroad - Daily Update

Suspense in Greek and Italian Politics

November 8, 2011

The dollar is unchanged overnight against the yen and euro but otherwise mixed.  The U.S. currency slid by 0.5% against the Swiss franc and 0.1% versus the yuan and sterling but has risen against commodity currencies.  It is up 1.5% against the kiwi, 0.5% relative to the Aussie dollar and 0.3% against the loonie. From […] More