German CPI and retail sales
Dueling U.S. Economic and Political Concerns
February 29, 2024
Markets today are most focused upon inflation, with investors and analysts expected the U.S. PCE price deflator due shortly to arrive on the high side. For political wonks, however, the paramount issue involves America’s failed immigration system and the dysfunctional Congress that won’t address the problem. Migration favors Trump’s quest for reelection, which if successful […] More
Month Ending with Usual Flurry of Data Reports
November 30, 2015
Overnight dollar movement ranges from declines of 0.9% against the kiwi, 0.6% versus the Aussie dollar, 0.2% relative to the loonie and 0.1% vis-a-vis the Swiss franc to rises of 0.5% against sterling and 0.2% versus the yen and euro. The DJIA has dipped 0.2% so far. The Ftse is off 0.1%, but the German […] More
