This raises the chances of an easing in French and German rates before the year end.
There is a persistent trend that we are seeing in Asian currencies and it has got to do with more than a view on Fed policy.
Overall, the long-term trend is going to worsen. All indicators are pointing to a possible recession.
The data is very good and is a sign of a strong, resilient economy with sound fundamentals.
We are coming to the end of the year and it's a nice place to park money.
There is a bloodbath in retailing in terms of competition.
This simply confirms what we knew from the numbers from France and Germany already, that inflation is certainly on the rise.
This only adds to the feeling that central banks are willing to cut rates aggressively, and ahead of schedule. This is symbolic because it shows that things are moving ahead, although no one predicted they would move so far so fast.
Europe has had an image problem. It has seemed unable to change and adapt to the world.
The services-oriented sector of the economy is still looking fairly robust, averaging a 3.9 percent increase year-on-year. This is above the trend rate of inflation so that is upward pressure for the retail price index.
The Singapore dollar will continue to appreciate because of the economy -- there's no question about that.
There will be a sense of relief that the medicine has worked.
There's always a chair spare for the finance minister
It really requires joint intervention (with the U.S. Federal Reserve), and no U.S. official is going to sanction that in a presidential election year.
It shows that the system is more relaxed for the yuan to move.
It's definitely the case that the yuan is going to be allowed to appreciate as the economy grows. We're expecting some good growth.
They want to nip this in the bud.
Can interest rates shore up the euro? Not so far,
By mid-summer Bund yields could drop to 3.0 percent.
The key factor is that there is still a soft tone to the U.K. economy and a clear absence of inflation.