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Chinese inflation down, Goldman Sachs bad at German
Chinese inflation eased to 1.8% in July, more than the 1.7% expected by some, but less than the 2.2% in June and much much less than the 6.5% in July 2011. The most immediate reaction, paired with data...
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Budget time in Europe; US DoJ investigates Moody’s and Fitch
It’s budget time again in the land they call Europe and the usual suspects pulled an all-nighter in Brussels yesterday, trying to come up with a convincing plan, covering 2014-2020. For the first time...
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Cyprus to exit the news
Over the weekend… actually right before, Fitch but the UK on its watchlist for downgrades. The United States Congress is working on reforming the taxability of debt and equity, changing the traditional...
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The things about guaranteed debt – China edition
There won’t be an update until Monday, 22 April 2013. Yesterday… the aftershock of the events in Boston continued to dominate the front pages, with President Obama speaking to the nation in the early...
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All according to plan – US set to grow 3%; China’s slowdown on purpose
Over the weekend… the UK lost its Fitch-assigned AAA rating on the back of the weak economy and poor outlook. Moody’s downgraded the country in February, but also assigned a negative outlook, while...
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