IFO business climate
Continuing Focus on Emerging Market Difficulties
January 27, 2014
Asian share prices were battered additionally at the start of the new week. Stocks fell 2.5% in Japan, 2.6% in Indonesia, 2.1% in Hong Kong, 2.0% in Thailand and India, 1.8% in the Philippines, 1.6% in South Korea and Taiwan, 1.3% in China and Malaysia, and 1.1% in Singapore. While the British Ftse followed suit […] More
Markets Less Fearful than Yesterday
May 24, 2013
The week is ending with somewhat less anxiety than Thursday, helped by Better-than-projected German IFO business climate in May. Better-than-expected German consumer confidence and French business sentiment. Soothing remarks from Japanese officials and ECB Pdt Draghi. The ability of U.S. stocks to close down only slightly on Thursday. Nonetheless, equities are mostly lower in the […] More
