Euroland CPI and PPI
Little Overnight Change in Dollar as Long-Term Rates Rise Further
February 3, 2021
Aside from declines of 0.6% and 0.3% against the New Zealand and Australian dollars, the U.S. currency’s net overnight movements have been minuscule including zero change versus the yen and yuan and upticks of 0.2% relative to the euro and a 0.1% versus the Swiss franc and sterling. Ten-year sovereign debt yields increased two basis […] More
Markets Looking for Action, Not Words, as Virus Spreads
March 3, 2020
Share prices had rallied sharply on Monday amid hopes for an appropriately forceful policy response to counteract the drag from the spreading covid-19 pandemic. The OCED is warning that global growth this year will slow to an 11-year low even if the virus impact is comparatively short-lived and that growth could be as low as […] More
Market Disturbances
May 3, 2018
Share prices fell late yesterday in the wake of an FOMC statement that reinforced the possibility of faster, rather than slower, rate hike normalization. Overnight in the Pacific Rim, Japan’s string of Golden Week holidays resumed with Constitution Day, but stocks elsewhere fell 2.6% in Indonesia, 1.4% in Hong Kong, 1.1% in Singapore, 0.6% in […] More
Dollar and Stocks Up and Commodities Down Ahead of U.S. Jobs Report
January 5, 2018
The dollar has advanced overnight by 0.5% against the yen, 0.4% vis-a-vis the peso, 0.3% versus the Aussie dollar, 0.2% relative to the euro and Swiss franc, and 0.1% against the loonie. There’s been a dip of 0.1% versus the yuan. The Nikkei-225 in Japan recovered another 0.9%, and the South Korean Kospi is 1.3% […] More
