The financial turmoil in the Euro Area is taking its toll on the real economy. Earlier this month it was reported that German Industrial Production declined 1.0% in August from July. Since then a number of other countries from the [...]
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Louise Curley
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Global| Oct 10 2011August Industrial Production In The Euro-Area
- Global| Oct 04 2011
Can China's Service Industry Take Up The Slack in Manufacturing?
The excess of optimists over pessimists among Chinese Purchasing Managers in the service industries rose to 53.00 in September from 50.64 in August foreshadowing increased output. Yesterday it was reported that the there was a slight [...]
- Global| Oct 03 2011
European Financial Woes And Manufacturing Production
The financial turmoil in the Euro Area is beginning to take its toll on manufacturing production. Signs of a worldwide slowdown in manufacturing are becoming apparent in purchasing managers' appraisals of the outlook. The September [...]
- Global| Sep 27 2011
The Debt Crisis In The Euro-Area And The Price of Gold
The recent volatility in the stock markets of the world, the prices of precious and industrial metals and the price of oil can be attributed, in large part, to the swings in the hopes and fears that the Euro Area debt crisis will or [...]
- Global| Sep 26 2011
German Business Confidence Weakens Again
Given the seriousness of the financial situation and talk of recession in the Euro Area, it is not surprising that German business confidence weakened again in September. The IFO Institute measures confidence in industry and trade [...]
- Global| Sep 20 2011
ZEW Survey: German Investor Increasingly Gloomy
Pessimism is increasing among German institutional investors and financial analysts. The latest ZEW report, which covers the period September 2nd to September 20th shows that the excess of pessimists over optimists rose 5.7 percentage [...]
- Global| Sep 19 2011
India has Difficulty Containing Inflation
While many developed and developing countries, are beginning to loosen monetary policies in the face of the global slowdown, India continues to tighten. Over the past year, the Bank of India has raised the repo rate 350 basis points [...]
- Global| Sep 13 2011
Declining Confidence Among Business Spreads to Australia
The National Australia Bank's, August survey of the business community, released today, shows that their measure of business confidence, a percent balance between optimists on the outlook and the pessimists, is now -7.7%, compared [...]
- Global| Sep 12 2011
Safe Haven Currencies
In their attempts to find safe havens for their wealth in unsettled financial environments, investors have often looked to foreign currencies. Recently the Australian Dollar, the Norwegian Kroner, the Japanese Yen and the Swiss Franc [...]
- Global| Sep 06 2011
Euro-Area's PMI's Pointing to Lower Economic Activity
Purchasing Managers in the Service Industry in the Euro Area continue to downgrade their prospects. The Final Estimate for the August diffusion index representing their views was 51.4840, compared with 51.5776 for July. It was also [...]
- Global| Aug 30 2011
Euro Area Economic Sentiment Sours
The European Commission's Economic Sentiment Indicator for the Euro Area fell below its long time average of 100 to 98.3 in August, the first time it has been below 100 since June of 2010. As can be seen in the first chart, the [...]
- Global| Aug 29 2011
Good Growth In The BALTICS
The Statistical Office of Lithuania today raised its estimate of the year to year growth in second quarter GDP to 6.3% from the 6.1% released on July 28. The three Baltic countries, Lithuania, Latvia and Estonia, were among the [...]
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