euro area trade balance

Aussie Dollar Hammered by Chinese Data

September 15, 2014

The Australian dollar fell by 0.8% against its U.S. counterpart, which otherwise edged up 0.2% versus the euro and Swiss franc and 0.1% relative to the Chinese yuan and sterling but also slipped 0.1% vis-a-vis the yen, Canadian dollar and kiwi. A lot of Australian exports go to China, which reported only a 6.9% year-over-year […] More

Yen and Rupee Firm

May 16, 2014

The yen remains well-bid to the detriment of Japanese stocks.  The Nikkei lost 1.4% overnight.  The yen touched highs of 138.78 per euro and 101.39 per dollar. In Indian lower house elections, a coalition headed by the pro-business Bharatiya Janala Party won 60 more seats than needed to secure a majority.  This was the most […] More

No Trouble So Far This Friday the 13th

January 13, 2012

There’s a good buzz in the market about the success of recent European bond auctions.  More auctions today in Italy were well subscribed and resulted in lower yields.  The yields on 10-year German bunds, British gilts and Japanese JGBs slipped by four, two and one basis points. The Paris Cac, German Dax and British Ftse […] More