Japanese retail sales

Summit Time and the Living Ain’t Easy

June 28, 2012

Another summit of EU leaders has begun in Brussels amid dampened market expectations that anything very constructive will emerge to end the debt and banking crisis.  German officials remain adamant in resisting new initiatives.  Speculation continues that the ECB will cut interest rates next week.  Just in is an announcement from the Czech monetary authorities […] More

More Hopeful Market Mood than Yesterday

February 28, 2012

Equities in the Pacific Rim rose by 1.7% in Hong Kong, 1.6% in India, 1.1% in Indonesia, 1.0% in Thailand, 0.9% in Japan, 0.8% in Singapore and 0.2% in New Zealand, but the Australian bourse dipped 0.1%.  In Europe, the German Dax, Paris Cac and British Ftse have firmed 0.5%, 0.4%, and 0.2%. The dollar […] More