Beige Book
Stronger Euro, Weaker Yen
March 3, 2016
The dollar rose as high as JPY 114.28 overnight, its strongest level since February 15. It’s off that high currently but still up 0.4% on balance. At the same time, the U.S. currency shows overnight losses of 0.6% against the New Zealand and Australian dollars, 0.4% versus the euro, 0.3% relative to the Swiss franc […] More
Central Banks, Data, and China All in the Spotlight
January 14, 2016
Following Wednesday’s U.S. stock market selloff, share prices fell 2.7% in Japan, 1.9% in Singapore, 1.6% in Australia, 1.0% in Taiwan, 0.9% in South Korea, 0.6% in New Zealand and 0.5% in Hong Kong. Equities in Europe are currently down on the day by 3.2% in Greece, 2.8% in France, 2.7% in Germany, 2.4% in […] More
No Respite from Volatility
October 16, 2014
The dollar and yen were well bid overnight. Japan’s currency climbed 0.3% against the greenback, which otherwise advanced 1.3% relative to the Australian dollar, 0.9% vis-a-vis the kiwi, 0.8% against the loonie, 0.6% versus the euro and Swissie but just 0.1% against sterling. Stocks slumped overnight by 2.2% in Japan, 1.4% in Singapore, 1.3% in […] More
Significant Day for Data Releases
December 4, 2013
The dollar climbed against commodity-sensitive currencies, gaining 1.2% against the Aussie dollar, 0.5% versus the kiwi and 0.1% relative to the loonie. Opec oil ministers meeting in Vienna hope to leave production quotas unchanged in an effort to keep price stable and near $100 per barrel. WTI oil advanced 1.3% overnight to $97.25 per barrel. […] More
Stocks in Asia and Europe Follow U.S. Rally
March 6, 2013
The Dow Jones Industrials closed at an all-time high on Tuesday of 14,254. In the Pacific Rim, equities closed up 2.1% in Japan, 1.8% in the Philippines, 1.5% in Indonesia, 1.0% in Hong Kong and China, 0.8% in Australia, and 0.7% in New Zealand. The German Dax leads European markets with a gain so far […] More
