Month: February 2013

Currency – A Better Look at Valuations

An effective exchange rate is a measure of  the value of a currency against a `basket’  of other currencies, relative to a base date. It is calculated as a weighted geometric  average of the exchange rates, expressed in the form of an index. The effective  exchange rate indices for sterling...

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Economics for The Week Ahead – HOUSING in the Spotlight

If nothing else, it is getting a bit more interesting out there. Aside from the same-old, same-old that we have seen thus far in 2013, there is some chatter that housing numbers will start to slow their recent recovery ascent. CPI and PPI (ex food and energy) should be benign,...

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