equities
Ugly Day for Stocks
September 22, 2015
Equities in Europe have plunged 3.1% in France, 2.8% in Germany, Italy, Spain and Switzerland and 2.1% in Britain. U.S. futures point to a debacle here, too. VW shares continued to implode. Stocks in Asia had been more mixed, with Japan still closed for the second of three straight days in a bridge between Respect […] More
Technology-Led Decline in Share Prices
July 22, 2015
Equities fell 1.6% in Australia, 1.2% in Japan and Hong Kong, 1.0% in Taiwan, 0.9% in South Korea, 0.4% in Singapore and 0.2% in China. India’s market, an exception in the Pacific Rim, rose 1.2%. Share prices have also fallen 0.5% in Switzerland, 0.4% in Germany, 0.3% in France and 0.1% in Britain. Commodities extended […] More
February in Figures
February 28, 2015
The short month of February lacked a consistent story to tie around different asset market classes. Share prices appreciated across the board, but the dollar underwent mixed and rather diverse changes ranging from a 3.8% rise against the Swiss franc to a similarly-sized depreciation versus the New Zealand dollar. U.S. and British long-term interest rates […] More
October in Review
November 2, 2014
Most long-term interest rates declined in October. Little change in three-month interest rates masked a widening polarization of monetary policies, as the Fed ended quantitative easing, the Bank of Japan augmented quantitative stimulus, and ECB officials remained publicly divided over whether to stimulate further and how to do so. The dollar strengthened most sharply against […] More
September and 3Q in Figures
September 30, 2014
The dollar rose broadly and commodities fell in both September and the third quarter. Ten-year sovereign debt yields rose in September but fell in the summer quarter. Three-month euro deposit rates fell sharply in July-August but little further in September. Other short-term interest rates held generally steady in the quarter. 10-Yr Yield 09/30/14 Chg from […] More
January in Figures
January 31, 2014
Risk aversion reared its head again in January. Stocks fell. Bond prices rose, sending long-term yields downward. Commodity-sensitive and major European currencies declined, while the yen went up against the the euro as well as the dollar. Gold, in contrast to its 28.2% plunge in 2012, rose 3.2% in the first month of 2014. 10-Yr […] More
May Ending in a Risk Averse Mood
May 31, 2013
Commodity-sensitive currencies had a difficult session. The New Zealand dollar dipped below $0.8000 for the first time since September 6, 2012. It fell as low as USD 0.7973 and is 1.0% weaker on balance. The Australian and Canadian dollars have slipped 0.8% and 0.5% against the greenback, which also has appreciated by 0.4% against the […] More
Weak Market Tone to End Decent Week
April 12, 2013
Share prices in Europe and Asia had a difficult session. Japan’s ten-year JGB yield climbed five basis points and is over 15 basis points above recent low. The dollar is up 0.7% against the euro but down 0.6% against the yen in a reversal of recent movements. Euroland industrial production data were disappointing. Investors now […] More
March and 1Q13 in Figures
March 30, 2013
Short-term interest rates remained ultra-low in the first quarter of 2013. The Federal Reserve retained an aggressive program of quantitative easing, while the Bank of Japan prepared to undertake an even more forceful monetary stimulus under new leadership. A number of key equity markets performed very well, especially Japan’s where the Nikkei-225 index jumped almost […] More
Less Risk Aversion
March 5, 2013
Most stock markets are higher, some strongly so like China (3.0%), Germany (2.1%), Italy (2.3%), France (1.9%), and Spain (1.8%). Equities in Australia and Britain have risen 1.3%. Stocks in India advanced 1.4%, and the DJIA is up 1.1% and trading above its record close of 14,165 hit in October 2007. The Nikkei is up […] More
