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Wholesale Prices Up, Retail Sales Down: What a Combustible Mixture!

The latest wholesale price index, PPI, was up .4%. This is measure of inflation at the wholesale level. At the same time, retail sales fell 1.2% cont[...] read more »
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European PPI Fails to Meet Expectations

Even though the euro zone PPI showed improvement, it was still not as high as expected. Concerns about economic slowdown in the euro zone remain. read more »
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EUR/USD Down as Moody’s Cuts Portugal’s Credit Rating

EUR/USD dropped today after Moody’s Investors Service cut Portugal’s credit rating from A1 today to A3 today. read more »
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