Australian retail sales
Sino-U.S. Trade Dispute Evolves Into Deeper Conflict and Rattles Markets
April 4, 2018
As a presidential candidate, Trump prioritized the U.S. trade imbalance, which he blamed on unfair practices of America’s trading partners. But as president, he acted initially on many other issues, while doing little about trade. Then came the U.S. tariffs on steel and aluminum, which by themselves affected only a sliver of commerce. A month […] More
A Din of Unease
March 6, 2017
U.S. President Trump accused his predecessor of wiretapping his phone during the election campaign. Far right nationalist parties continue to augment their voter support in The Netherlands and France ahead of respective elections scheduled for March 15 and April 23rd. The CEO of the troubled Deutsche Bank admitted it’s been going in the wrong direction and […] More
Political Concerns Outweigh Data Strength
February 6, 2017
France’s National Front’s pre-presidential election manifesto was released, calling for France to leave the European Union and for tighter restraints on immigration. It was always a bit peculiar how an investment community prior to the U.S. election had been publicly worried about the Republican candidate’s “drain the swamp” promise but converted to true believers afterward. […] More
It’s U.S. February Jobs Day
March 4, 2016
Markets await U.S. employment and trade data, which get released at 08:30 EST (13:30 GMT). Canada reports trade and labor productivity. Meanwhile, in the marketplace, the dollar has slipped 0.5% against the kiwi, 0.4% versus the Aussie dollar, 0.3% against the yuan and 0.2% relative to the euro. The dollar has alternatively risen 0.2% against […] More
U.S. Jobs Statistics to Dominate this Friday Session
October 2, 2015
Ninety minutes ahead of the U.S. labor force report, the dollar shows small gains of 0.3% against the yen and 0.2% relative to the euro and Swiss franc. The U.S. currency is unchanged against the Australian dollar and down 0.1% versus the loonie, kiwi and sterling. Analysts look for U.S. employment growth in September of […] More
Japan’s Tankan, Many PMI Readings and More Protests in Hong Kong
October 1, 2014
The dollar extended its impressive rally, climbing 0.6% against the Australian dollar, 0.4% versus the Swiss franc, 0.3% relative to the euro, 0.2% vis-a-vis the yen, and 0.1% against the kiwi and sterling. The dollar touched new lows for the move of JPY 110.10 and CAD 1.1225. With Hong Kong street mobs in their sixth […] More
Week Starts on a More Stable Footing
August 4, 2014
The dollar is unchanged against the euro, Swiss franc, Australian dollar, yuan and sterling. The dollar is also 0.1% firmer against the yen, loonie and kiwi. The 10-year German bund yield rose a basis point, while its Japanese and British counterparts are a basis point lower. A bailout of Portugal’s Banco Espinto Santo has been […] More
Weaker Aussie Dollar on Rate Cut Speculation
May 6, 2013
The U.S. currency has climbed 0.7% against the Aussie dollar but is otherwise fairly stable relative to Friday closing levels. Australian retail sales fell 0.4% in March. It was the first decline since December. Australian job ads dropped 1.3% in April, more than twice as fast as the 0.5% decrease in March. The MI-TD gauge […] More
A Better Market Appetite for Risk
December 3, 2012
Chinese PMI’s suggest foundation for recovery. Details released of Greek debt buyback plan. Yen retreat stalls on Shirakawa remarks. Dollar/yen down 0.3% at 82.22. Manufacturing PMIs suggest less intense downturn in Europe. Australian retail sales weaker than forecast. The euro advanced 0.6% to $1.3059. The euro also strengthened against the Swissie to 1.2090. The dollar […] More
