Euroland CPI

Muted Overnight Moves in Dollar but Share Prices Up

March 15, 2019

The dollar this Ides of March is unchanged from Thursday closing levels against the yen, loonie and Swiss franc. The dollar fell 0.2% against the euro, sterling and Australian and New Zealand dollars and by 0.1% versus the yuan. Share prices rose 1.3% in China, 0.8% in Japan, and 0.6% in Hong Kong and show […] More

Getting Down to Crunch Time in Sino-U.S. Trade Talks

February 22, 2019

Stocks fell Thursday on some disappointing U.S. economic data but have rebounded Friday, as investors are choosing to believe that Sino-U.S. trade talks will reach an agreement averting an escalation of the tariff war.  Share prices rose 1.9% in China, 1.2% in Hong Kong, and 0.5% in Australia, and European bourses are up by 0.5% […] More

Manufacturing PMIs Convey Global Slowdown for the Most Part

February 1, 2019

Shortly ahead of the release of January U.S. labor market statistics, the dollar is mostly marking time, with no net change against the yen or loonie, downticks of 0.2% against the euro and 0.1% versus the Swiss franc and kiwi, and upticks of 0.6% relative to the yuan, 0.4% vis-a-vis sterling, 0.2% against the Aussie […] More

Market Worries about Trump

December 17, 2018

The DOW has fallen more than 1.0% to start the new week and to below 24,850, territory not seen since last March. President Trump is the common element in a slew of developments worrying investors. The threat of a presidential veto against any budget bill that doesn’t fund a border wall may shut down the […] More

Fresh Data to Consider

February 28, 2018

In addition to yesterday’s testimony by Fed Chairman Powell, which if anything raised the odds of more than three interest rate hikes in 2018, investors today have a slew of data releases on this final day of February to consider. Thursday’s data release calendar is very heavy as well. The Pacific Rim picked up the […] More

Between the State of the Union and Yellen’s Final FOMC Meeting

January 31, 2018

Reaction to President Trump’s first State of the Union address last night has been typically partisan. For good or bad, citizens have already solidified their impressions of him for however much longer he is their president. The next big event will be the FOMC’s released statement at 14:00 EST (19:00 GMT). No press conference follows, and […] More

Pause in the Action

January 17, 2018

Stocks show a calmer, healthier tone overnight following Tuesday’s roller-coaster ride that saw the DOW initially soar over 200 points and break above 26K to 26,086 but ultimately crash to a 10-point loss on the day. Share prices eased just 0.5% in Australia, 0.4% in Japan, 0.3% in South Korea and Singapore but firm 0.2% in […] More

Firmer Stock Markets and a Softer Dollar

December 18, 2017

With passage of a U.S. tax cut at mid-week looking increasingly probable, equities rallied in Asia and Europe overnight, and the dollar eased a bit. Dollar declines amount to 0.3% relative to sterling, the euro, Swiss franc loonie and peso, 0.2% against the Australian and and New Zealand dollars, and 0.1% versus the yen. Share […] More

New Highs in the U.S. Stock Market on Final Day of November

November 30, 2017

There’s been the usual ton of data released on this final day of the month, but other matters seem to be lifting confidence. Another gradual Federal Reserve interest rate hike in December seems increasingly probable. For once, news from the Brexit talks has been encouraging. Progress continues on the U.S. tax bill’s movement through Congress. […] More

Mostly Firmer Dollar Tone

October 17, 2017

The dollar recorded overnight gains of 0.5% against the yuan, 0.4% versus sterling, 0.3% relative to the euro, 0.2% vis-a-vis the loonie, swissie, and peso, and 0.1% versus the yen and Australian dollar. The dollar edged 0.1% lower against the kiwi, in contrast. Inflation reports released today tended to be above expectations. Consumer prices in […] More

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