Archive for May 16th, 2016

Deeper Analysis

Sterling and Brexit

May 16, 2016

A referendum to decide whether Great Britain remains in the European Union is scheduled for June 23, just over five weeks away.  Economic experts and other pundits both within the U.K. and in the wider world community widely predict that a verdict to leave the EU would be disastrous both in the immediate term and […] More

New Overnight Developments Abroad - Daily Update

Weaker-than-Expected Chinese Data and a Rise in Oil Prices

May 16, 2016

In April, Chinese M2 money grew 12.8% on year, down from 13.4% in March and a recent high of 14.1% in January.  The 12-month increase in industrial production and retail sales slowed to 6.0% and 10.1% from 6.8% and 10.5% in March.  Fixed asset investment in the first four months of 2016 was 10.5% greater […] More