December 12th, 2014
VOICE OF DOLLARS
FINANCIAL NEWS
A Look Ahead:
Key News
- US Consumer confidence improves further
- Oil prices fall under $60 a barrel US, stimulating panic in oil-dependent areas
- Cheaper gas prices should lower consumer prices in the US
- The Canadian dollar hit its lowest point in over five years to US $0.8631
- Falling gas prices should reduce inflation in Canada
- China growth continued to slow slightly
- Inflation expecations are down
- Stocks are down:
US
- Consumer sentiment is up
The Thomson Reuters/University of Michigan preliminary December index of consumer sentiment increased to 93.8, the highest since January 2007, from 88.8 last month. With sustained hirting and faster wage growth, there is some hope retail sales will improve and make a good beginning for 2015. The consumption growth in Q4 would be a good boost for the US economoy.
Venezuela
Trouble in oil country, as the government and state-run
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James' World 2 
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