The Central Bank of China announced an end to its peg of the yuan to the dollar last Saturday. The announcement comes one week before the G20 meeting in Toronto where pressure was expected to be put on China to revalue its currency. [...]
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Louise Curley
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Global| Jun 21 2010China Unpegs The Yuan
- Global| Jun 15 2010
Confidence Among German Investors And Analysts Down Sharply
While German analysts and institutional investors who participate in the ZEW Survey have become less negative about current conditions, they have become much more concerned about the economic outlook six months ahead. The percentage [...]
- Global| Jun 14 2010
More Industrial Production Data: Japan, Hong Kong And The Euro Area
Industrial production in most countries has shown improvement in the first few months of this year. Today data for the first quarter for Hong Kong and for April of this year for Japan and the entire Euro Area were released. The data [...]
- Global| Jun 08 2010
Japan's Current Account Balance And Trade In Goods
Japan's seasonally adjusted current account balance, reported today, declined 393.5 billion yen from 1,773.1 billion yen in March to 1,379.6 billion yen in April. There has however been strong uptrend in the balance since the low [...]
- Global| Jun 07 2010
European Production Data Encouraging
The news from Europe is not all bad. Data released today show that the real sector, as opposed to the financial sector, continues to improve in a number of countries. German Manufacturing Orders and Sales increased in April, contrary [...]
Just how the European consumers and producers are reacting to the on going financial problems of the Euro Area can be inferred, to some degree, from measures of confidence. Two of these were published today--Consumer Confidence in [...]
- Global| May 24 2010
Confidence Improves In Slovenia, One Of The Smaller Euro Area Countries
The financial turmoil in the Euro Area has resulted in a sharp drop in confidence in the Euro Area, as a whole. The ZEW Indicator of Expectations for the entire Euro Area, released last week, fell from a balance of optimists of 46.0% [...]
- Global| May 18 2010
The May ZEW Survey Of The German Financial Community Sends A Mixed Message
The financial crisis in the Euro Area cast a wet blanket on the optimism of German institutional investors and analysts. The survey of 275 participants was taken during the period from May 3 to May 17. The May balance of opinion of [...]
- Global| May 17 2010
Japanese Corporate Prices And Machinery Orders
Japan's Domestic Corporate Goods Price index has been inching up in each month since November of last year. By April the index, published today, was 0.9% above November. On a year over year basis, the index in April was only 0.2% [...]
- Global| May 11 2010
A Potpourri Of April Data For China
A number of economic variables in the Chinese economy have been updated for April over the past few days. Although still relatively low, 2.8% in April, the inflation rate based on the Consumer Price Index has been rising steadily. In [...]
- Global| May 04 2010
Brazil: Current Data And Forecasts
The Brazilian economy continued strong in the first quarter of this year. Industrial production in March, published today, was up 2.75% from February and 18.56% from March 2009. Between February and March production of intermediate [...]
- Global| May 03 2010
World Wide, Purchasing Managers In Manufacturing Optimistic
World wide, purchasing managers in the manufacturing industry have become increasingly optimistic. The Markit Economic Survey expresses the responses of the purchasing managers in the form of diffusion indexes that are based on [...]
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