Friday, June 20, 2014

Morning Journal---The declining importance of the dollar

Economics

   This Week’s Data

            The June Philadelphia Fed manufacturing index was reported at 17.8 versus expectations of 13.0.

            June leading economic indicators came in up 0.5% versus estimates of up 0.6%.

   Other

            Anecdotal evidence on the Chinese economy (short):

            The declining importance of the dollar (short):

Politics

  Domestic

Quote of the day (short):

  International

            The latest from Iraq (medium):

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