While US economic activity appears to have faltered a bit, evidence of recovery in the Euro zone is starting to surface.
USDA
Is the Outlook Toward the US Economy Too Lofty?
This week we have to wonder if the outlook toward the US economy is too lofty for the recent valuation in the Dollar.
Migration Toward a Global Recovery
Not surprisingly, the Euro zone debt crisis continues to linger, and the situation in the Ukraine remains highly fluid.
2015 Bringing Better Than Expected Economic Growth
An impressive January rally in gold, a shift from a spec and fund net short position to a net long in US Treasury Bonds and a dramatic downside extension in the Canadian Dollar on its monthly charts suggests that global economic sentiment is factoring in a fall back towards recession.
Near Perfect Storm of Negative Sentiment
Sometimes the problem with a cure is that it takes too long to work. In the case of sagging crude oil market, it appears that it has become daily confirmation that the global economy is slowing down.
Positive Forward Economic Views
Tthe outlook for the global economy is quite positive…
Downgrade in Global Economic Expectations; Rise in Geopolitical Anxiety
Over the last two weeks there has been a downgrade in global economic expectations, some adverse currency market action for commodities, and a continued rise in geopolitical anxiety.
Long, Slow Global Economic Recovery
The US recovery looks destined to sneak up on the markets, particularly with the Treasury market.
Trend in Chinese Economy Impacting Physical Commodity Markets
The track of the US economy is important, but seeing a trend of better economic news from China is probably more important to physical commodity markets.
Euro Zone is Openly Concerned About Deflationary Pressures
The Fed managed to extend the pattern of new highs in global equities by maintaining its old stance and simply reiterating the prospect for rates to remain at low levels for an extended period of time.