German ifo business climate (December): up German ZEW economic sentiment (December): unchanged PMI manufacturing index EMU (December): up EMU industrial production (October): slightly down EMU industrial production could have decreased in October,...

Highlights The dollar rebound continues European debt concerns will subside, eventually FOMC likely lackluster Key data and events to watch next week The dollar rebound continues The greenback extended its recovery this past week, as a...

In the last two weeks, markets were rattled by Dubai's debt crisis, caused by prodigal spending in a far-away land - this week traders had a serious case of European sovereign jitters. The ratings agencies went after Spain and Greece thanks to the Euro...

HIGHLIGHTS OF THE WEEK U.S. trade deficit narrows in October by 7.6% as nominal goods exports rise 2.6% (imports up 0.4%). The story is even better in real terms with real goods exports up 4.1% and imports flat. U.S. consumers hit the malls and gas...

Financial market review - foreign exchange Sterling lost further ground this week, primarily against commodity currencies but also against the yen as concerns over the UK's triple-A status resurfaced and the Pre-Budget Report failed to clearly outline...