The news from Canada continues to raise doubts about the forecast of a 2% rise in GDP in the third quarter made earlier by Mark Carney, Governor of the Bank of Canada. Monthly GDP declined in July and August. The continued strength of [...]
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Louise Curley
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Global| Nov 17 2009Canadian Manufacturing Data And Prospects For Q3 GDP
- Global| Nov 16 2009
Japanese GDP Growth In Q3 Surprises: Due To Increased Demand Or Inventory Building?
The Japanese economy grew more than expected in the third quarter. The annual rate of increase was 4.79% continuing the recovery that began in the second quarter with an annual rate of increase of 2.72%. The annual rates of change in [...]
- Global| Nov 10 2009
Inflationary Signals Abound;Gold& Oil Prices Strengthen While Dollar Weakens
The ZEW measure of confidence among German institutional investors and analysts in the macroeconomic outlook six months ahead declined in November to 51.1 from 56.0 in October. While the extent of the decline was greater than [...]
- Global| Nov 09 2009
Improved Business Sentiment In France,Industrial Production Increases In Germany, Romania And Slovakia Falters In Turkey
In the news today are reports of French business sentiment and industrial production in Germany, Romania, Slovakia and Turkey. French business sentiment continues to improve. From the low point of 66.96 reached in December of last [...]
- Global| Nov 03 2009
Brazil's Industrial Production Points To Good Third Quarter Growth In GDP
Brazilian industrial production increased 0.75% to 119.2 (2002=100) in September from 118.3 in August, a little short of expectations, but still on the upward trend that began in January. The three major marketing groups--capital [...]
- Global| Nov 02 2009
Japanese Consumers: Recent Trends In Spending And Income
Japanese household consumption expenditures in the third quarter will not be known until the "First Preliminary Release" of GDP for the third quarter due November 16 is released. Some indication of what the consumers is doing can be [...]
- Global| Oct 28 2009
Signs of Improvement in European Business and Consumer Confidence But No Euphoria
Entrepreneurs in France and the Netherlands continue to shed some of their pessimism concerning economic prospects, but they are by no means optimistic. From the low point in February, 2009, when pessimists in the Netherlands [...]
- Global| Oct 26 2009
South Korea Reports 3Q GDP
South Korean joins China and Singapore among the emerging economies of the Pacific Rim to report third quarter GDP. GDP growth in the three countries is shown in the first chart. The declines in the economies of Korea and Singapore [...]
- Global| Oct 20 2009
Manufacturing New Orders in France and Italy
The steep declines in new orders in France and Italy that the recession exacted are beginning to show some signs of leveling out. New orders in France and Italy on a three-month moving average basis that smoothes out some of the [...]
- Global| Oct 19 2009
Actual Exchange Rates in the Developing World and Purchasing Power Parity
While purchasing power parity (PPP) is not a major factor in determining a country's actual exchange rate, it can be used as a rough guide in deciding whether a particular currency is under or over valued. Most developing countries [...]
- Global| Oct 13 2009
German Financial Experts A Little Less Optimistic
The German financial community lowered slightly its expectations for the economic outlook. The ZEW indicator of economic expectations declined slightly in October to 56.0% from 57.7% in September. This is still well above the long [...]
- Global| Oct 12 2009
The U.S. Dollar and International Reserves
The 8% decline in the broad trade-weighted dollar since February of this year is having Central Bankers outside the United States rethink the currency composition of their international reserve holdings. A major reallocation of [...]
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