Australian producer prices

Mounting Possibility of a Near-Term ECB Interest Rate Cut

November 1, 2013

The euro fell 0.5% on net overnight and got below its 20-day average to as low as $1.3507.  There’s talk in the wake of CPI data released yesterday that the ECB may soon cut interest rates.  Total and core consumer prices in the year to October advanced just 0.7% and 0.8%, respectively.  The Ezone jobless […] More

EU Finance Ministers Meeting Today

January 23, 2012

A slow start to the week, as many Asian markets were closed for the Lunar New Year holiday.  Closed markets include Hong Kong, China, South Korea, Indonesia, Malaysia, The Philippines, Taiwan, Singapore and Vietnam.  In contrast to today, Tuesday through Friday each have big event and data calendars this week. European finance ministers will be […] More