Posts Tagged ‘economy’
The Fundamental Perspective Behind the US Dollar this Week

The past week showed some mixed results for the US economy. We had positive reports in the labor market as jobless claims fell below 400K again and the UMich Consumer Confidence report at 77.5 for the final reading for February was the best in 3 years. At the same time

 
Japan: BoJ Upgrades its View on the Economy

There were no surprises at today’s monetary meeting and, with the economy now again recovering, inflation still significantly below BoJ’s inflation target and no apparent appreciation pressure, BoJ will probably be on auto-pilot for the rest of the year. BoJ will continue its current asset programme, but it will not

 
Lingering Concerns Over Issues In EU Put Pressure EUR

Positive risk sentiment dominated this morning’s Asian session as Chinese economic data confirmed what the financial world had been waiting for China is now the second largest economy in the world (in nominal USD-based terms). In addition, the residual effect of Egypt’s Mubarak stepping down of Friday during a