Less Market Anxiety than on Monday

December 11, 2012

There is less worry today about Italy’s political outlook, as hope exists that Prime Minister Monti will run as a politician in February elections and prevent Berlusconi from regaining control of the government. The FOMC’s two-day meeting begins today amid expectations for a sharp escalation by the central bank of its quantitative easing. Monthly ZEW […] More

Little Change in Dollar as Draghi Defends Non-Standard Measures

August 29, 2012

The dollar is 0.2% stronger against the euro, Swissie, and yen.  The greenback also eased 0.1% versus sterling and the Canadian, Australian and New Zealand dollars.  The yuan is steady. In a published interview, ECB Pdt Draghi, who will not be attending the Jackson Hole Symposium this weekend, took on his German and Dutch critics, […] More