French and Italian industrial output

Hope Ahead of Yellen Testimony

February 10, 2016

U.S. stock futures are higher.  Fed Chair Janet Yellen begins her semi-annual Humphrey Hawkins testimony at 15:00 GMT before the House Financial Services Committee. Many Asian markets remained closed for the Chinese New Year.  The Japanese Nikkei dropped another 2.3%, and equities fell by 1.6% in Singapore, 1.2% in Australia, 1.1% in India, 0.9% in […] More

Further European Disinflation and Worrisome Chinese Trade Figures

April 10, 2014

A slew of European price data releases struck a theme of disinflation. Harmonized Greek consumer prices were 1.5% lower in March than a year earlier.  The Greek jobless rate in January (26.7%) again surpassed 25%. The 12-month decline in Spanish consumer prices widened to 0.4% in March from 0.1% in February. Danish harmonized CPI inflation […] More