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IT’S STILL A CURRENCY WAR

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: Mario Draghi continues to talk down the Euro and Euro may be getting the message. Inflationary pressures spike higher in Dallas Fed Manufacturing Index. Japan PMI improves while German IFO Business Climate index takes a...

TAX RECEIPTS REBOUND FROM AUGUST VACATION

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. Tax Receipts up +8.8% M/M thus far in September, following August decline. NAHB Housing Index slowed to 64 in September. China home prices continue to climb but slow on Y/Y basis in August. U.S. TAX RECEIPTS UP +8.8% Y/Y IN...

HERE COMES THE SUN

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. Consumer Credit continues to climb higher to record $3.754 trillion in July. China CPI accelerated to +1.8% Y/Y in August. Italian Industrial Production up slightly in July. CONSUMER CREDIT UP +$18.5 BILLION M/M IN JULY: On...

BRAZIL REBOUND CONTINUES

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: Brazilian economy continues to improve and we increase our outlook. Caixin China Services PMI improved in August. S. Factory Orders down -3.3% M/M in July. Euro Area retail Sales slipped -0.3% M/M in July. Reserve Bank of...
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