Archive for December 29th, 2016

Foreign Exchange Insights and Next Week

2016 Market Movements Before and After the U.S. Election

December 29, 2016

The U.S. election on November 8th was a turning point for many financial market instruments. The ten-year Treasury yield had declined 41 basis points to 1.86% between the end of 2015 and the election. This was twice the net increase registered in calendar 2015. Since the election, the yield has climbed 63 basis points. Since […] More

New Overnight Developments Abroad - Daily Update

Dollar, Bond Yields, and Japanese Nikkei Slip

December 29, 2016

The dollar fell overnight by a further 0.5% against the yen, 0.4% relative to the euro, Aussie dollar and kiwi, 0.3% versus the loonie, peso and Swiss franc, 0.2% against sterling and 0.1% relative to the yuan. The Japanese Nikkei dropped 237 points (1.3%). Equities in Europe are down 0.3% in Spain and the U.K., […] More