Valance Weekly Report 10.19.2011
Posted by WARREN MOSLER on October 19th, 2011
(To download PDF, right click link and select save link as)
Highlights
US – Core CPI eases
EU – EU CPI at three year high; Greek austerity plan to be voted on tomorrow
JN – Data softens, gov’t cuts economic view
UK – BoC sees Q4 growth close to zero
CA – Mfg continues to support the economy
AU – RBA ready to cut rates?
NZ – RBNZ signals a likely need to hike
