Archive for August 15th, 2012

Deeper Analysis

U.S. Data Round-Up

August 15, 2012

A large number of economic indicators were released Tuesday and today.  Such showed better activity with contained inflation.  Here are some of the highlights. After a series of several weak monthly reports, retail sales advanced 0.8% in July, but that gain just barely offset June’s 0.7% decline and left sales in May-July 0.6% softer than […] More

New Overnight Developments Abroad - Daily Update

New Worries about Spanish Fiscal Policy

August 15, 2012

An extension of unemployment benefits in Spain raises new doubts that ECB conditions for stepped-up bond purchases will be met. Minutes from the Bank of England’s policy meeting earlier this month revealed a 9-0 vote to keep existing interest rate and asset purchase settings.  An increase of the asset purchase ceiling was considered by rejected […] More