Archive for October 6th, 2014

Deeper Analysis

Brief Note on Fiscal Debt and Long-Term Interest Rates

October 6, 2014

Hindsight is insightful as well as twenty-twenty.  While thinning out my files over the weekend, I came across an article from the April 28, 2010 issue of the Financial Times entitled Clock is ticking on Japan’s low debt yields.  The two self-explanatory lead sentences provide the gist of the entire text: It is one of […] More

New Overnight Developments Abroad - Daily Update

Euro Firmer Despite Some Poor German Data

October 6, 2014

The dollar is generally softer, with losses of 0.7% against the Australian currency, 0.4% versus the yen and loonie, 0.3% relative to the euro, 0.2% against the kiwi and Swiss franc and 0.1% vis-a-vis sterling.  European share prices have risen 1.0% in Spain, 0.8% in Germany, 0.5% in Switzerland, 0.4% in Italy, 0.3% in Britain […] More