British GDP and current account

Bank Share Price Woes Escalate as Quarter Draws to a Close

September 30, 2016

There’s been the usual cornucopia of data releases on the final business day of the calendar quarter, but the big story of the day involves Deutsche Bank, whose share price is down nearly 10%. Deutsche’s woes are dragging down other stocks in the global financial sector despite supposed safeguards built into the system in the […] More

Market Focus on Soft Global Economy

March 31, 2016

A little past noon in New York finds the dollar with scant change against the yen, sterling, and the Canadian and Aussie dollars, but the U.S. currency has slipped about a half percent vis-a-vis the euro and Swiss franc. European stocks are down.  North American Share prices are little changed.  Japan’s Nikkei fell 0.7%. The […] More

Torrential Data and Continuing High Market Volatility

September 30, 2015

Considerable economic data were released on this final day of the third quarter. Markets await speeches from Fed Chair Janet Yellen and New York Fed District President Dudley.  Share prices rebounded 2.1% in Australia, 1.9% in Hong Kong, 1.5% in India, 1.1% in Indonesia, 2.7% in Japan, 1.0% in South Korea and 0.8% in China. […] More

Lower Share Prices

March 29, 2011

Stocks are down 0.8% in Germany, 0.6% in France, and 0.3% in Britain.  Earlier, equity markets lost 1.0% in China, 0.3% in Indonesia, and 0.2% in Japan but climbed 0.9% in India, 0.8% in South Korea and 0.5% in Australia. The dollar rose 0.3% against the yen and Swiss franc, a sign of greater risk […] More