Friday, January 9, 2015

International Week In Review; The Year Isn't Starting Off Well, Edition

This is over at Xe.com

We start the year with several areas of concern, beginning with the EU.  As I noted at the end of last year, the region is mired in sluggish growth which this week’s economic numbers simply confirmed.  Japan is also facing potentially slower growth while Australia, although growing, has obvious internal weakness.  Canada is starting to see the bite from lower oil prices as well.  The only two economies that are printing solid numbers are the US and UK.