The Bank of Japan today reported on Japan's international investment position for year-end 2005. Total assets abroad stood at ¥506.2 trillion, up 16.7% from the end of 2004. All of the major asset categories climbed by significant [...]
Introducing
Carol Stone, CBE
in:Our Authors
Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
Publications by Carol Stone, CBE
Global| May 25 2006New Zealand Trade Deficit Diminishes as Gains in Dairy Exports Help Offset Petroleum Imports
New Zealand's trade balance improved in April, according to data reported this morning in Wellington by Statistics New Zealand. Markets and analysts focus on rolling 12-month totals for New Zealand, and the trade deficit on that basis [...]
Two widely followed industrial surveys in Europe showed a slight pause in their May results, following marked improvements in the prior couple of months. They also both indicated continuing firmness in export sectors, but some [...]
- Global| May 19 2006
Japan's Growth Gains Footing on Rise in Domestic Demand
Japan's GDP surprised on the upside for Q1, in data reported today by the Japanese Cabinet Office. It expanded at a 1.9% annual rate. While this was less than Q4's 4.3%, it well exceeded forecasters' views that anticipated about 1.2%. [...]
- Global| May 18 2006
Canada CPI: Up with Energy, But Restrained by Strong Currency
Yesterday, the report of US CPI for April set off a firestorm in financial markets as participants were hit with a bad case of inflation-itis. Today's Canadian CPI contained some of the same ingredients, but unlike the US's, Canada's [...]
- Global| May 17 2006
Firm Q1 Growth in Singapore Prompts Hike in "Official" 2006 Forecast; Net Exports, Business Equipment Investment Lead
Singapore's economy turned in a much better than expected performance in Q1, with its GDP up 6.8% annualized from Q4 and 10.6% from a year ago. Forecasts had called for a greater slowdown after the strong close to 2005 in Q4, when GDP [...]
- Global| May 12 2006
Australia Home Financing Commitments Recoup 2004 Reductions
After some contraction in 2004, home finance in Australia has strengthened considerably. In data reported at midday May 12 in Canberra, the Australian Bureau of Statistics (ABS) indicated that housing commitments totaled 59,724 in [...]
- Global| May 11 2006
First Q1 GDP Releases Show Signs of Life in Europe
GDP growth picked up in the first quarter for the EuroZone and several individual countries.Eurostat reported this morning that GDP in the EuroZone grew 0.6% over Q4 following 0.3% in that period. The year/year gain was 2.0% from Q1 [...]
- Global| May 10 2006
UK Trade Flows Show Strengthening Trend; Deficit Narrows in March
UK trade flows are strong. In both directions. A quick glance at today's March report would likely draw the most attention to a widening tendency in monthly deficit. The March figure, £3.84 billion, came down from February's £5.38 [...]
- Global| May 05 2006
Euro-Zone Banks Ease Credit Standards for Business, See Stronger Loan Demand
Since 2003, the European Central Bank (ECB) has conducted a bank officers' lending survey similar to the Federal Reserve's "Senior Loan Officer Survey", asking questions about lending policies and credit demand experienced by banks. [...]
- Global| May 04 2006
Retail Trade Stagnates in Europe, But Shows Some Vigor in Slovenia and South Africa
Retailers in several diverse regions are seeing mixed demand, according to data available today for February and March. In the EuroZone12 (the grouping that includes Greece throughout), sales were down 0.8% in March after a 0.1% [...]
- Global| May 03 2006
ADP National Employment Report & U.S. Payrolls
Today, ADP, the well-known payroll processors for many employers, published an estimate of the upcoming nonfarm payroll data for April, pointing to an increase in private sector employment of 178,000 for the month (1.9% y/y). They [...]
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