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China Disappointment Buoys Dollar

April 13, 2012
China's Q1 GDP disappointed expectations and market rumors and is the chief driver of the capital markets today.  The official measure of growth was 8.1%.  The consensus was 8.4% before yesterday's rumors of a 9% rise made the rounds and helped lift sentiment--seeing equities rally, gains in the dollar bloc currencies and a weaker dollar.…
China Disappointment Buoys Dollar China Disappointment  Buoys Dollar Reviewed by Marc Chandler on April 13, 2012 Rating: 5
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Dutch Update: Problem Unresolved, Pressure Mounts

March 29, 2012
The Dutch government nearly collapsed yesterday as efforts to find more savings to reach its deficit targets is causing near unbearable strains on the fragile coalition. However, highly secretive negotiations are resuming today as there is little alternative shy of new elections.
Recall the sequence of events. A key government agency warned of a b…
Dutch Update: Problem Unresolved, Pressure Mounts Dutch Update:  Problem Unresolved, Pressure Mounts Reviewed by Marc Chandler on March 29, 2012 Rating: 5
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