| German strength drives eurozone recovery (at Financial Times) The eurozone s industrial recovery shows scant signs of slowing but is relying almost entirely on Germany to drive growth, according to a closely watched survey. us.rd.yahoo.com |
Treasury yields, dollar lower after Empire index (at MarketWatch) Treasury prices stayed higher and the dollar lost ground against the Japanese yen on Monday after the New York Federal Reserve Bank s Empire State Manufacturing index rose to 7.1 in August from 5.1 in July, a smaller improvement than many analysts expected. us.rd.yahoo.com |
Eurozone M3 Tops Expectations in August [DailyFX] - The Eurozone M3 money supply in August Jumped an annualized 1.1 percent in August after climbing 0.2 percent the month prior amid economists’ expectations for a 0.3 percent rise. finance.yahoo.com |
Fears of Japan intervention assist dollar The dollar clawed higher against the yen as traders became concerned that the US currency was being pushed too low and they would get caught short if the Bank of Japan were to intervene in the market. us.rd.yahoo.com |
Euro briefly rises, bunds fall after IFO survey The euro briefly rose against the U.S. dollar on Friday after stronger-than-expected German business sentiment index numbers, while German December bunds fell to a session low. us.rd.yahoo.com |