China and Singapore reported foreign trade figures for January, today. The largest country in Asia and one of the smallest both reported increases in their trade balances for the month. In the year over year comparison, however, China [...]
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Global| Feb 18 2008China and Singapore ---The Big andThe Small---Show Increased Trade Surpluses
- Global| Feb 12 2008
German Financial Community a Bit Less Pessimistic About the Outlook
The German financial community has become slightly less pessimistic. For the first time since May of last year, the ZEW (Center for European Economic Research, Manheim) indicator of sentiment for the next six months rose. The rise was [...]
- Global| Feb 11 2008
Industrial Production in the Ukraine and Kazakhstan
The preliminary data for January 2008 for industrial production in the Ukraine show a minimal increase of 0.06% and that for Kazakhstan, a 2% decline, as can be seen in the first chart. Industrial production in both countries, which [...]
- Global| Feb 05 2008
Inflation in the Pacific Rim
Six of the countries in the emerging markets data base EMERGEPR, which covers the Pacific Rim, have reported January data for the Consumer Price Index. The inflation picture that arises from these data (Defining inflation as the year [...]
- Global| Feb 04 2008
Currencies in Australia and New Zealand Continue to Strengthen
Both the Australian and New Zealand dollars have rebounded, if somewhat irregularly, since the U. S. Federal Reserve Board started to lower interest rates in September, as can be seen in the first chart, showing the daily values of [...]
- Global| Jan 29 2008
French Consumer Confidence Continues to Decline
The French National Institute for Statistics and Economic Studies (INSEE) released the results of its survey of consumer confidence today. The summary indicator declined by 4 percentage points in January from December, continuing a [...]
- Global| Jan 28 2008
Little Change in Business and Consumer Confidence in the Czech Republic and Slovenia
Confidence indicators for the Czech Republic and Slovenia were published today. They give a mixed picture. Consumer confidence was up in the Czech Republic and down in Slovenia; confidence in industry was down slightly in the Czech [...]
- Global| Jan 22 2008
Turmoil in Stock Markets Around the World Leads to a 75 Point Cut in FED'S Benchmark Interest Rate
After a day of record declines in stock markets around the world, the Fed announced, in an emergency move, a 75 basis points cut in its benchmark interest rate from 4.25% to 3.50% today. This is the largest cut since the Fed began, in [...]
- Global| Jan 21 2008
More Evidence of Weakness in U.K. Housing Market
The Building Societies Association (BSA), which covers all 60 Building Societies in the UK, approved mortgages amounting to 3,144 million pounds in December, down 26% from November of last year and 21% from December 2006. The broader, [...]
- Global| Jan 21 2008
More Evidence of Weakness in U.K.Housing Market
The Building Societies Association (BSA), which covers all 60 Building Societies in the UK, approved mortgages amounting to 3,144 million pounds in December, down 26% from November of last year and 21% from December 2006. The broader, [...]
- Global| Jan 15 2008
No Surprise: Sentiment Among German Investors and Analysts Falls
Continued strength of the euro and now fears of recession in the United States are taking their toll on the confidence of German institutional investors and financial analysts as shown by the ZEW's (Center for European Research at [...]
- Global| Jan 14 2008
Decline in British Pound Complicates U.K. Monetary Policy, Dampens Euro Area Export Prospects
In recent months, the British Pound has taken a sharp fall. From its peak of 102.89 (January, 2005 = 100) in early November, the Broad Effective Exchange rate of the British pound had declined 7.6% by last Friday. By contrast, during [...]
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