just out on reuters Canadian PM Harper and EU commissioner Barroso have just announced a multi-billion dollar trade deal deal struck at a meeting in Brussels No further detail at present.
Just in case you were getting too carried away with a European recovery Car bigwigs are warning that factories may have to close and jobs cut in the industry, as Europe continues to struggle with high unemployment leading to weak … Continue reading
Prior +2.4% -2.2% vs +0.9% exp y/y. Prior 2.0% Ouch, that’s not good. EUR/USD crumbling to tech support at 1.3110. German economy ministry says July’s fall is due mainly to strong previous month. Moderate upwards trend in manufacturing and significantly … Continue reading
Prior 3.8% 2.0% vs 2.9% exp y/y. Prior 4.3% Euro takes a dip to 1.3194 but is quickly bought up again to 1.3205 Foreign orders was the biggest faller -4.5% from +6.1% with EZ orders down 7.5% from +8.8%, non … Continue reading
Sees economy on more solid footing moving into 2014 It’s premature to say crisis is over Not sure who is speaking but someone in the EU is loving it. Probably find out it’s Herman Van Bore off who was blabbing … Continue reading