Euroland M3 and credit growth
Euro, Sterling and Sovereign Debt Yields Down but Stocks and Oil Strengthen
June 27, 2018
A signal of a less provocative U.S. stance against China on trade lifted share prices today in Europe and North America. Asian equities had earlier fallen further. The Dow is up a tad more than 1.0%, and stocks have risen by 1.5% in France and Germany, 1.2% in Italy, and 1.2% in Great Britain. Japan’s […] More
Abe Government’s Yen Policy Criticized
January 28, 2013
Japan has drawn a wide range of foreign criticism from South Korea to the ECB for encouraging a weak yen. Fresh lows of 91.27 per dollar and 122.94 per euro were touched overnight, but on balance Japan’s currency has edged up 0.1% against the U.S. currency from Friday’s closing level. A risk exists that next […] More