There had been a correlation between movements in EUR/USD and the price of crude oil, although the dynamics driving that relationship appear to have shifted. Over the last 6-12 months it appears an asymmetric response function among major central banks to movements in oil prices that may have contributed to the correlation between EUR/USD and [...]
Entries Tagged as 'Economy'
Correlation between movements in EUR/USD and the price of crude oil
July 22nd, 2008 · No Comments
Tags: Energy
US Economic - Last week’s key releases
July 19th, 2008 · No Comments
Last week’s key releases highlighted rising inflation pressures and weak economic conditions. Headline CPI rose 1.1% in June, lifting yr/yr headline inflation to 5.0%, and the core CPI rose to 2.4%. The 12- month headline inflation has been above 4% in every month but one since last November, as well as on occasion in 2005 [...]
Tags: United States US Economy
Major US Economic Indicators - Week of July 21
July 19th, 2008 · No Comments
Mon 21 14:00 Leading Indicators
Tue 22 14:00 Richmond Fed Survey
Wed 23 18:00 Beige Book
Thu 24 12:30 Jobless Claims Wk 7/19
Thu 24 14:00 Existing Home Sales
Fri 25 12:30 Durable Goods Orders
Fri 25 14:00 Consumer Sentiment
Fri 25 14:00 New Home Sales
Leading Indicators
After posting two consecutive small monthly increases, the Conference Board’s index of leading indicators is [...]
Tags: United States US Economy