Chinese corporate profits

Reopening Fuels Optimism But Escalating U.S./Chinese Political Tensions Introduce Caution

May 27, 2020

Movements overnight in the dollar were mixed, with gains of 0.3% against the yuan, 0.4% relative to the Swiss franc, and 0.1% versus the yen but declines of 0.5% relative to the kiwi, 0.4% versus the euro, 0.3% against the loonie and Australian dollar and 0.1% relative to the peso. European stock markets advanced in […] More

Political Strains Batter Equities Again

January 28, 2019

Prospects weakened over the weekend for a border security deal between President Trump and Congressional Democrats by the February 15th deadline. The president attaches less than even odds to that happening and insists that a wall will be built. The negotiation of withdrawal terms for Brexit is going nowhere. The EU rejects any renegotiation of […] More

Less Volatility Than Earlier in the Week

March 27, 2015

The dollar rose overnight by 0.5% versus the euro, 0.4% against the Australian and New Zealand dollars, 0.3% relative to the Swiss franc, 0.2% vis-a-vis the loonie and 0.1% against the yuan and yen but slipped 0.2 against sterling. Concern has subsided about the impact on oil prices from the air strike on Yemen.  West […] More

Loads of Developments this Tuesday

January 28, 2014

The news from Europe, including fourth-quarter British GDP, higher-than-anticipated consumer confidence figures reported in both France and Italy, and Euroland’s index of leading economic indicators, has been upbeat. Money market rates in China rose in spite of another big liquidity injection by the central bank.  China reported a sharp slowdown in the growth of corporate […] More