Australian PPI
Stronger Dollar on Jobs Day Amid Bursting Asset Bubbles
February 2, 2018
Overnight dollar gains have been led by 1.2% increases against the yen and Australian dollar, a 1.1% appreciation relative to the kiwi, and a 1.0% advance vis-a-vis the peso. The dollar also strengthened 0.8% versus the loonie and sterling, 0.6% against the Swiss franc and 0.5% relative to the euro. There was only a 0.1% […] More
Stronger Yen and Dollar ahead of U.S. GDP Figures
October 27, 2017
The earliest estimate of U.S. third-quarter GDP growth gets released shortly. Forecasters anticipate similar growth to the 3.1% result in 2Q. The dollar meanwhile has continued to strengthen against the euro (0.3% overnight) in response to contrasting monetary policies. Trump is expected to replace Yellen with a more hawkish person to lead the Fed, while yesterday’s […] More
May Day 2015
May 1, 2015
Many markets particularly in Europe are shut for May Day. This has held down the usual flood of manufacturing PMIs on the first day of the month. Japanese inflation picked up for the first time in almost a year, but Japan’s factory purchasing managers index edged below the no-change threshold. The British PMI printed significantly […] More
No Progress in U.S. Debt Ceiling Talks
July 25, 2011
Risk-on trading has returned. The Swiss franc and yen rose 1.8% and 0.5% against the dollar, which has also slipped 0.2% against the euro and 0.1% relative to the Canadian and New Zealand dollars. The dollar has firmed 0.1% against sterling and is unchanged versus the yuan. Gold leaped 1.2% to $1620.20 per ounce. No […] More
