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September 2, 2010
Sterling fell 0.4% against the dollar, which otherwise is down 0.4% against the kiwi, 0.3% versus the yen and Swissy, and 0.1% against the euro. The dollar edged 0.1% higher against the Aussie dollar and is steady relative to the Canadian dollar. In Britain, the Nationwide house price index dropped 0.9% last month, three times [...] More
Tags: British house prices, ECB, Hurricane Earl
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
September 1, 2010
The dollar lost 1.5% against the Australian dollar, 0.9% versus the euro and kiwi, 0.6% relative to the Canadian dollar, 0.3% against sterling, 0.2% against the yen and 0.1% versus the Swiss franc. The yuan eased again but by less than 0.1%. Stocks jumped 2.1% in Australia, 1.7% in Indonesia, 1.4% in New Zealand, 1.3% [...] More
Tags: purchasing managers indices
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 31, 2010
Japan’s Nikkei tumbled 3.6%, extending August’s loss to 7.5% and the decline since April 26 to 21%. Stocks also fell 1.0% in Hong Kong and South Korea, 1.6% in Taiwan, 1.1% in Australia, and 0.6% in India. In Europe, the Paris Cac and British Ftse are down 0.9%, and the German Dax has lost 0.7%. [...] More
Tags: euro area, Japan, Ozawa
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 30, 2010
The dollar fell overnight by 0.9% against the Canadian dollar, 0.6% versus sterling, 0.4% against the yen, and 0.1% relative to the Swiss franc. The dollar firmed 0.4% against the kiwi, 0.2% against the euro and 0.1% relative to the Australian dollar and Chinese yuan. Japan’s Nikkei-225 equity index closed 1.8% higher but had climbed [...] More
Tags: Dollar, Eurostat, Shirakawa, Yen
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 27, 2010
Currencies are marking time ahead of Fed Chairman’s 10:00 EDT address at the Jackson Hole Symposium. The dollar is unchanged against the euro and up 0.1% relative to sterling, the Canadian dollar and the Swiss franc. The yen settled back 0.4% but remains pricey at 84.7 per dollar. The greenback slid 0.3% against the kiwi [...] More
Tags: Bernanke, British GDP, Japan
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 26, 2010
Stocks in the Pacific Rim advanced by 0.8% in Australia and Malaysia, 0.7% in Japan, and 0.3% in China and India. In Europe, the Paris Cac and British Ftse are 0.7% stronger, and the German Dax has edged 0.4% higher. Dollar/yen is steady at 84.60. Together the two currencies lost 0.5% against the euro, sterling, [...] More
Tags: Bernanke, consumer confidence, U.S. jobless claims
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 25, 2010
The yen is 0.5% lower after Finance Minister Noda warned of “appropriate action” against strengthening yen. Overnight yen highs were at 83.88 per dollar and 105.86 per euro prior to the remark. The dollar otherwise is unchanged against the euro, Canadian dollar and sterling, off 0.1% relative to the Swiss franc and Australian dollar and [...] More
Tags: Ifo Institute, Irish credit rating, Yen
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 24, 2010
The Nikkei-225 closed at 8,995, the first sub-9000 closing since May 6, 2009. The daily drop of 1.3% brought the cumulative decline since April 5, 2010 to 20.7%, thus qualifying as an official bear market. The yen advanced 0.9% against the dollar, touching a 15-year high of 84.15. The yen also hit a 9-year high [...] More
Tags: euro area, Germany, Yen
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
August 22, 2010
Over the final three days of last week, the dollar rose by 1.4% against the Australian dollar, 1.3% relative to the euro,l and 0.8% versus the Canadian and New Zealand dollars. 0.8% The greenback fell 0.8% against the Swiss franc but was hardly changed against the yen (+0.1%) and sterling (+0.3%). The Dow Jones Industrial [...] More
Posted in New Overnight Developments Abroad - Daily Update, Uncategorized | No Comments »
August 17, 2010
Currencies that benefit from greater risk aversion have eased. The Swiss franc and yen lost 0.4% and 0.2% against the dollar, which otherwise fell by 0.6% against the Canadian and Australian currencies, 0.5% against the euro, 0.3% against the kiwi, 0.2% against the yuan and 0.1% relative to sterling. Stocks recovered 2.2% in Sri Lanka, [...] More
Tags: Dollar, Zew Institute
Posted in New Overnight Developments Abroad - Daily Update | No Comments »