Where Is China In Its Tightening Cycle?

Over the rest of this year, PBOC will continue to use a combination of policy rate hikes, reserve requirement hikes, and currency strength to help limit inflation pressures. How much more can we expect, and where do we stand in the process?…

Some Thoughts On Italy’s Ratings

Here are some thoughts regarding the late Friday cut in outlook to negative for Italy’s A+ rating by S&P. While we remain negative on the ratings for peripheral euro zone, we don't think a downgrade of Italy by S&P is clearly…

Brazil Resorts To Protectionism

Brazil is reportedly imposing trade barriers on auto parts imports and a variety of other products. Imports of 27 products will reportedly have tighter licensing requirements that can take up to 60 days to approve. These are called…

Greece Euro Zone Exit Seems Unlikely

The euro took another leg lower in thinned afternoon North American markets after Der Spiegel online reported that Prime Minister Papandreou is contemplating a Greek exit from the euro zone and that the EC is calling a "confidential"…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More