British trade and industrial production

Dollar Up ahead of Trump’s First Press Conference

January 11, 2017

The dollar appreciated overnight by 0.5% against the euro, 0.4% versus the yen, Swissie and sterling, 0.2% relative to the Mexican peso, and 0.1% relative to the yuan. It dipped 0.1% vis-a-vis the New Zealand and Australian currencies but extended its rise against the Turkish lira by about 2%. The juxtaposition of Obama’s Farewell Address […] More

Enormous Rebound in Asian Equities

September 9, 2015

Amid hopeful speculation of new Chinese fiscal stimulus, the Shanghai Composite index closed 2.3%, and other stock markets in the region recorded even larger gains.  Japan’s Nikkei jumped 1,343 points or 7.7%, the largest percentage daily advance since October 28, 2008, which was a corrective move in an otherwise bear market.  Equities also advanced 4.2% […] More

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