EU may Actuallly Be Selling Cars Again!
Economy…what’s this – a thaw in the European Union economic frost?
Europe
Germany economic data reports push euro higher
The economic data teeter-totter ride continues with the teeter-totter pushing the euro higher on surprising better than expected German industrial output data eases concerns over the euro zone’s largest economy.
Emerging Market Flash – European volume becoming ridiculously low
European volume is starting to get to be at that silly low level again.
Ahead of the central bank meetings
The U.S. dollar is slipping ahead of the Wednesday’s Federal Reserve policy meeting as traders look to the meeting for signs and clues on the direction the Federal Reserve will take with its momentary policy.
European Union macro falls after weak China results
Last night’s macro in a word is terrible. China PMI and German manufacturing offer no relief for commodities and they are linked.
Italian two-year note at record low
Either Europe is fine or there is massive deflation…
Euro reverses giving up all of its gains overnight
The EUR/USD jump during the Asian session above the 1.30 level on the news of a Cyprus bailout plan early Monday morning ahead of the European leaders’ deadline of Monday’s close of business.
