Deeper Analysis
March and the First Quarter in Figures
March 31, 2014
Ten-year sovereign debt yields rose slightly in most of our survey during March but still posted significant declines in the quarter. There was again almost no movement at the short end. Oil and gold prices traced directionally opposite moves against one another in both March and 1Q.The dollar fell over 3% in March against the […] More
Deeper Analysis
Some Facts about Recent Euro Area Inflation
March 31, 2014
The twelve-month rate of total consumer price inflation fell to 0.5% in March 2014 from 1.7% in March 2013 and 2.7% in March 2012. It would hit zero as soon as August or September if that pace of decline were sustained in linear fashion. Disinflation during the past year had broadly based sources. 39.4% of […] More
New Overnight Developments Abroad - Daily Update
Last Day of the First Quarter
March 31, 2014
The dollar advanced 0.4% against the yen and 0.2% against the Australian and New Zealand dollars, but it is 0.3% softer versus the euro and Swiss franc and off 0.1% relative to sterling. The loonie and yuan are steady. The boost to risk aversion from the Ukraine situation seems to be fading, but rising tensions […] More
