May in Figures
May 31, 2011
Sovereign bond yields fell in many cases significantly for a second straight month, while short-term interest rate changes were minimal during May. The Swiss franc and kiwi performed well during the month. Against the euro, the dollar traded in a nearly ten-cent range of $1.4939 to $1.3968, closing 2.9% higher on balance. Dollar/yen dipped briefly below 80/USD to touch 79.55, but traded slightly above that barrier most of the month with a 0.5% net appreciation. Equities fell for the most part, but the Swiss bourse managed to hold steady. Oil prices slid around 10% on balance, and the dollar advanced against the commodity-sensitive currencies of Canada and Australia. Oil closed above $100 for the month, and gold wound up on the strong side of $1500.
| 10-Yr Yield | 04/29/11 | 05/31/11 | Chg vs End-Apr |
| U.S. | 3.26% | 3.05% | -23 Basis Points |
| Germany | 3.24% | 3.02% | -22 |
| Japan | 1.21% | 1.16% | -5 |
| U.K. | 3.43% | 3.19% | -24 |
| Canada | 3.20% | 3.07% | -15 |
| Switzerland | 2.04% | 1.82% | -22 |
| 3-month euros | Chg vs End-Apr | ||
| U.S. | 0.27% | 0.25% | -2 Basis Points |
| Euroland | 1.39% | 1.43% | +4 |
| Japan | 0.20% | 0.20% | 0 |
| U.K. | 0.82% | 0.83% | +1 |
| Canada | 1.20% | 1.20% | 0 |
| Swiss | 0.19% | 0.18% | -1 |
| FX | Pct Chg in USD | ||
| EUR/USD | 1.4806 | 1.4387 | +2.9% |
| USD/JPY | 81.11 | 81.53 | +0.5% |
| USD/CHF | 0.8652 | 0.8531 | -1.4% |
| GBP/USD | 1.6708 | 1.6446 | +1.6% |
| AUD/USD | 1.0964 | 1.0671 | +2.7% |
| NZD/USD | 0.8096 | 0.8248 | -1.8% |
| USD/CAD | 0.9454 | 0.9694 | +2.5% |
| USD/CNY | 6.4920 | 6.4805 | -0.2% |
| Equities | Pct Change | ||
| S&P 500 | 1364 | 1345 | -1.4% |
| Nasdaq | 2874 | 2835 | -1.4% |
| Djia | 12811 | 12570 | -1.8% |
| Dax | 7514 | 7294 | -2.9% |
| Nikkei | 9850 | 9694 | -1.6% |
| Ftse | 6070 | 5990 | -1.3% |
| Canada TSE | 13945 | 13805 | -1.0% |
| Swiss SMI | 6540 | 5990 | +0.2% |
| Commodities | Pct Change | ||
| Oil, $ per brl | 113.93 | 102.60 | -9.9% |
| Gold, $ per oz | 1563.70 | 1536.80 | -1.7% |
Copyright Larry Greenberg 2011. All rights reserved. No secondary distribution without express permission.
Tags: bonds, commodiity prices, Dollar, stocks
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