Hard hitting global and local news
Nikkei Plunges 1,143 Points (7.32%); Global Equities Hammered; Start of Reflation Bubble Bust? Posted by Michael Shedlock at 1:49 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice
View article: Abenomics in Review: Yen, Inflation, Exports, Imports
Gold ETF Liquidates 300 Tons of Gold This Year; Reflections on Momentum Trading Posted by Michael Shedlock at 10:46 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Read More: Wild Swings in Gold and Silver; Time to Give Up Hope?
View article: EU On Collision Course With Germany Over Tariffs; Yet Another Reason for UK to Exit EU
More: Poll Shows 46% in UK Want to Exit EU, 30% Want to Stay In
Here is the result: Thousands rally in Rome against cuts . Thousands of protesters, led by trade unionists, have rallied in the Italian capital Rome against the policies of the new coalition government. Wielding red flags and placards, they urged the centre-left Prime Minister, Enrico Letta, to scrap austerity measures and focus on job creation
Breakout in Japanese 10-Year Bond Yield Posted by Michael Shedlock at 12:57 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
The Financial Times reports France contracts in 1st quarter as Germany returns to growth French GDP shrank by 0.2 per cent in the first quarter, the same rate of decline as the final three months of 2012, according to Insee, the national statistics office. Investment, measured by gross fixed capital formation, remained weak, falling a further 0.9 per cent after 0.8 per cent in the fourth quarter. Exports fell and construction output fell
The answer boils down to election math. Japan News shows 63 and 100 are crucial figures in upper house election . click on chart for sharper image Resolving the problems of the divided Diet and revising the Constitution depend on two key numbers–63 and 100.