The German trade surpluses remain large. While Germany's surplus ticked lower in June, the last four months show surpluses much higher than over the previous seven months. Goods export did tick higher month-to-month in June as imports [...]
Introducing
Robert Brusca
in:Our Authors
Robert A. Brusca is Chief Economist of Fact and Opinion Economics, a consulting firm he founded in Manhattan. He has been an economist on Wall Street for over 25 years. He has visited central banking and large institutional clients in over 30 countries in his career as an economist. Mr. Brusca was a Divisional Research Chief at the Federal Reserve Bank of NY (Chief of the International Financial markets Division), a Fed Watcher at Irving Trust and Chief Economist at Nikko Securities International. He is widely quoted and appears in various media. Mr. Brusca holds an MA and Ph.D. in economics from Michigan State University and a BA in Economics from the University of Michigan. His research pursues his strong interests in non aligned policy economics as well as international economics. FAO Economics’ research targets investors to assist them in making better investment decisions in stocks, bonds and in a variety of international assets. The company does not manage money and has no conflicts in giving economic advice.
Publications by Robert Brusca
Global| Aug 09 2016German Trade Flows Languish
- Global| Aug 08 2016
German IP Rebounds But Drops in Quarter
The chart and table offer a pretty good perspective on German industrial trends. Overall German industrial production is still struggling. Despite a strong gain in June, it still leaves industrial output net lower over two months and [...]
- Global| Aug 05 2016
Italy Shows Second Monthly IP Drop in a Row
Italian industrial output fell hard for the second month in a row. However, output made a strong 0.8% gain in April. Even so, output is falling at a 5% annual rate in Q2 with declines across all sectors. Italian manufacturing is [...]
- Global| Aug 04 2016
PMIs Stage Small Recovery As BOE Cuts Rates and ECB Spats Over Risk
The U.S. trading day is still unfolding and Europe already has put in a full enough allotment of news and events to fill a week. The BOE shows its colors The long awaited BOE meeting is now out of the way and the BOE has queued up [...]
- Global| Aug 03 2016
Euro Area Retail Sales Rise
Retail sales volumes show a slight acceleration in play for total euro area sales volumes from 12-months through three-months. The accelerating trend holds for nonfood products as well. The acceleration trend is being bucked by motor [...]
- Global| Aug 02 2016
Euro Area: The Worm Turns on PPI Inflation With a Big `But'...Oil
PPI inflation is decidedly higher in the EMU. While its gain in June is less than its monthly gain in May, the three-month pace is at 2.7% compared to -2.4% over six months and -3.2% over 12 months. Sector inflation is rising for [...]
- Global| Aug 01 2016
Key Global MFG PMIs Mostly Weaken
Global manufacturing gauges stuck close to the 50 breakeven mark or fell below it in July. Seven reporters in this group of 15 have values below 50. The highest MFG PMI value is from Germany at 53.8 and for the period from February of [...]
- Global| Jul 29 2016
Euro Area Unemployment Rates Steady. Down-trend Remains in Place
The EU and EMU rates of unemployment were steady in June. Among the earliest EMU members unemployment fell in June in only two of 11 counties, Spain and The Netherlands. The rate also fell in Greece for April which is the most topical [...]
- Global| Jul 29 2016
Euro Area Unemployment Rates Steady. Down-trend Remains in Place
The EU and EMU rates of unemployment were steady in June. Among the earliest EMU members unemployment fell in June in only two of 11 counties, Spain and The Netherlands. The rate also fell in Greece for April which is the most topical [...]
- Global| Jul 28 2016
Euro Area Sentiment Wanes as EMU Firms
The EU region saw its sentiment gauge drop to 104.8 in July from 105.7 in June in the wake of the U.K. Brexit vote. A good deal of this weakness is from the U.K. itself, still an EU member, whose own index fell by 4.1% month-to-month. [...]
- Global| Jul 27 2016
Euro Area Money and Credit Growth Are Still Broadly Stalled; But These Are Not the Paths to a Solution
While the monthly money and credit numbers show some small upticks, the broader three-month growth rates for EMU money and credit continue to disappoint and to show deceleration. There is nothing good going on for the ECB to point to. [...]
- Global| Jul 26 2016
Japan's PPI Stays Low
There is no rest for the weary. Japan may be tired of weak prices, but the weakness is not letting up. In June the overall PPI was flat month-to-month, keeping the PPI lower over 12 months by 4.3% and falling at a -3.9% annualized [...]
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