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- Germany propels growth in Euro Zone
- Bank of England boss Mervyn King set to write inflation letter to Chancellor George Osbourne
- Production, housing starts probably rose as US shifts to slower growth
- One reason Euro demand dropped this week…
| Germany propels growth in Euro Zone Posted: Exports help bloc notch 3.9% expansion pace, but economists say rise is unsustainable. WSJ article. |
| Bank of England boss Mervyn King set to write inflation letter to Chancellor George Osbourne Posted: 3-way split at the MPC? That would be interesting....... |
| Production, housing starts probably rose as US shifts to slower growth Posted: Bloomberg Economic Preview |
| One reason Euro demand dropped this week… Posted: Asian central banks did not need to intervene to soften their currencies for competitive reasons. Risk aversion prompted profit-taking in Asian currencies among investors this week. Why should speculators care? Because less intervention means less diversification of reserves into Euro, GBP, AUD, etc... |
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