Edit

Thumbnail Sketch of Sweden and Norway

March 05, 2013
Here at the start of March, the Swedish krona is the only of the G10 currencies that have appreciated against the US dollar. It has risen by almost 2%. The key drivers include, the low level of tensions in the euro area, even after the Italian elections and the somewhat better economic performance that lends credence to the signals from the Rik…
Thumbnail Sketch of Sweden and Norway Thumbnail Sketch of Sweden and Norway Reviewed by Marc Chandler on March 05, 2013 Rating: 5
Edit

Muted Turnaround Tuesday

March 05, 2013
The stage for Turnaround Tuesday was set yesterday when the euro and sterling held the pre-weekend lows and the Dollar-Index did not extend last week's gains. The US-German 2-year spread, which continues to do a good job tracking the euro, also helped below last week's high and now is trading at its lowest level (smallest US premium since …
Muted Turnaround Tuesday Muted Turnaround Tuesday Reviewed by Marc Chandler on March 05, 2013 Rating: 5
Edit

Great Graphic: US Exports Surpassed China in 2012?

March 05, 2013
This Great Graphic was on put on Business Insider by Lisa Mahapatra. It shows the destination of US exports in 2012, based on the US Department of Commerce data. 

There are two facts that Ms Mahapatra brings to our attention.  First, according the Commerce Department, the dollar value of US exports rose sharply last year to $2 2 trillion.  Secon…
Great Graphic: US Exports Surpassed China in 2012? Great Graphic:  US  Exports Surpassed China in 2012? Reviewed by Marc Chandler on March 05, 2013 Rating: 5
Edit

Draghi and Italy

March 04, 2013
A key issue that will be addressed this week is how will the ECB respond to the electoral outcome of Italy. 
The outcome of the Italian election is not yet really known in the sense of the composition of the next government. There seems to be two potential paths going forward. The first was floated over the weekend of another technocrat governm…
Draghi and Italy Draghi and Italy Reviewed by Marc Chandler on March 04, 2013 Rating: 5
Edit

Great Graphic: Internet Money

March 04, 2013
This Great Graphic was posted on Business Insider.  It shows the huge lead that PayPal has in the market. However, it is not really internet money, or electronic money, as some have suggested. They help facilitate on-line transactions and cash free transactions at brick-and-mortar, but it works with the bank accounts. 

If it proves sufficiently p…
Great Graphic: Internet Money Great Graphic:  Internet Money Reviewed by Marc Chandler on March 04, 2013 Rating: 5
Powered by Blogger.