| Eurozone inflation jumps to 1.7 percent in July (AP) Inflation in the 16 countries that use the euro is steadily climbing towards the European Central Bank s target while unemployment remains stubbornly high at 10 percent, official figures showed Friday. finance.yahoo.com |
Treasurys, dollar up after retail sales, CPI (at MarketWatch) Treasury prices and the dollar held onto gains on Friday after a report showed U.S. retail sales rose 0.4% in July, a little less than analysts expected. Separately, the Labor Department said its consumer price index rose 0.3% last month. us.rd.yahoo.com |
FOREX: Dollar Ends the Week at Seven-Month Lows as Risk Appetite Surges, US Data Disappoints [DailyFX] - Scanning the financial headlines and taking a perfunctory look at the economic docket, we could come up with a simple explanation to the remarkable market develops into the end of the week. finance.yahoo.com |
The Swiss Franc Soars, and Tourism Suffers The currency's appreciation against the euro is forcing merchants to cut prices and scaring off foreign visitors us.rd.yahoo.com |
Rule predicts German need for monetary policy support Even Germany needs more monetary policy support - let alone the eurozone's periphery - in spite of the hawkish views of the Bundesbank's European Central Bank representative Axel Weber, argues Jennifer McKeown, senior European economist at Capital Economics. us.rd.yahoo.com |