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chinese-manufacturing-contracts

Chinese GDP Inline, Industrial Production Falls

by Christopher Lemieuxon April 16, 2014
The much anticipated Chinese gross domestic product came inline with expectations of 7.4 percent in the first quarter for a year earlier. This is .3 percent slower than the fourth quarter of 2013. Growth has slowed as the Chinese government aims to crack down on unscrupulous growth expansion policies. The National Bureau of Statistics data […]
BoJ

Abe and Kuroda Talk, Uncertain About More QE

by Christopher Lemieuxon April 15, 2014
Japanese Prime Minister Shinzo Abe talked with Bank of Japan (BoJ) Governor Haruhiko Kuroda today, but it is uncertain whether or not the BoJ will take further steps to weaken the yen by purchasing additional assets. The two talked about current economic conditions, and it is widely speculated that a more aggressive stance on stimulus […]

for-rent

US Consumer Price Rise; Empire Manufacturing Sees Mammoth Disappointment

by Christopher Lemieuxon April 15, 2014
In a nation where 60 percent of the labor force works below the national wage average, economists are excited to see consumer price data tick higher in March. The cost of living in the US just got a little more expensive as food and rent increased. The consumer price index (CPI) rose to .2 percent […]
DRAGHI NON MOLLA PRESA, DECISO CONTRO RISCHI DEFLAZIONE

Talk is Cheap, Unlike the Euro

by Christopher Lemieuxon April 15, 2014
  For the last several months, the European Central Bank (ECB) has jawboned market participants to death on what it could do if the euro got to pricey. There is not a day that goes by (or so it seems) that five blurbs throughout the day hit my feeds about some ECB official talking about […]