September, 2009

Dark clouds gather in Chicago – again

Business managers in Chicago have figured out that a V-shaped recovery will not happen in their area.

The business barometer, which is a survey based on responses about the business outlook from…

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USD wilts on end of month fixing flows before charging higher as ADP release still showing eroding payrolls
 
SNB likely intervening. GBPUSD bumps up against key 1.6130 resistance, retreats….

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Crude oil and gasoline inventories exploded last week – in the numerical sense rather than the incendiary – and we expect that today’s numbers from the US Department of Energy to also show a large…

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