Daily Archives: July 16, 2012

The US Dollar rallied sharply following the highly-anticipated release of minutes from the US Federal Open Market Committee’s recent rate decision, but a sharp Friday sell-off leaves the Greenback slightly lower headed into the coming week’s trade. A relatively limited … Continue reading →

Euro area developments remain the epicentre for global softness. Tuesday’s German ZEW survey is likely to provide further evidence of economic weakness spreading to the heart of the currency union. Downgrades to the Italian sovereign rating compound concerns. However, it … Continue reading →

UK authorities have already provided stimulus to the domestic economy and today’s ‘funding for lending’ announcement will continue to be digested next week. Lloyds TSB’s early impression is that this is unambiguously positive for the economy. Economic releases are unlikely … Continue reading →