Euroland economic sentiment

Coronavirus Still Dominating Markets

June 29, 2020

Over the weekend, the global coronavirus case and death counts went over 10 million and half a million, respectively. Compared to Friday at this time, there has been an increase of 132k and 1,653 in U.S. identified cases and deaths attributed to Covid-19. Florida and Texas are struggling. Polish President Duda failed to capture a […] More

U.S.-Sino Tensions Mount but Dollar Steady and Equities Mostly Higher

May 28, 2020

The Chinese National People’s Congress passed the proposed Hong Kong security bill, disregarding President Trump’s warnings against doing that. Secretary State Pompeo said America will no longer consider the former British colony as autonomous, and the Trump Administration is mulling a range of sanctions against Beijing and had its call for a special UN Security […] More

Lots of Data and an FOMC Meeting to Digest

April 29, 2020

Even with Japanese markets shut for the first of several “Golden Week” holidays, today is a very active day. Euroland economic sentiment, U.S. GDP, and several price statistics head a long list of data releases. Also, the FOMC will announce the conclusions of a scheduled review of monetary policy, which will be followed by a […] More

New Week Brings More Covid-19 Deaths and More Risk Aversion

March 30, 2020

There have now been almost three quarters of a million identified Covid-19 cases around the world, resulting in 35k deaths. About a fifth of the cases have occurred in the United States. In the past 24 hours, Spain reported 537 more deaths to the illness. A ban on U.S. social gatherings has been extended to […] More

Stampede Out of Risky Assets Intensifies

February 27, 2020

Share prices fell 2.7% in Indonesia, 2.1% in Japan, 1.2% in Taiwan, 1.1% in South Korea, 0.9% in New Zealand and 0.8% in Australia. Equities are down at least 1.5% in France, Germany, the U.K., Spain, and Switzerland, and U.S. futures point to a drop of over 1.0%. Sometime today, the cumulative decline of the […] More

Coronavirus Outbreak Tops Busy List of Developments for Markets to Process

January 30, 2020

Several central banks held their first policy reviews of 2020. Those in Chile and Great Britain left their interest rate structures unchanged at 1.75% and 0.75%, respectively. The National Bank of Ukraine implemented its sixth rate cut in nine months, a 150-basis point reduction to 11.0%. The Central Bank of Sri Lanka engineered its third […] More

Dollar Firms Modestly; Equity Markets are Mixed

January 8, 2020

The dollar recorded overnight gains of 0.3% against the euro, 0.2% versus the yen and sterling, and 0.1% vis-a-vis the loonie. The dollar remains unchanged relative to the yuan, Swiss franc and kiwi. ADP estimates that U.S. private-sector employment increased last month by a robust 202k, beating November’s result and exceeding analyst expectations. There was […] More

Trade Talks Back in the Spotlight

September 27, 2019

A number of factors could have made Friday an ugly day in the marketplace — the U.S. and British political crises, weak European and U.S. data, and Japanese disinflation. But instead, the mood has been lifted by the announcement that U.S. and Chinese trade delegations will restart formal talks in Washington on October 10th. Share […] More

Some Optimism from Three Fronts

August 29, 2019

Investors continue to believe that the U.S. and China can work out some kind of truce in the trade war. It is also thought the resignation of the Scottish Conservative Party leader, Ruth Davidson, may impede¬†British Prime Minister Johnson’s ability to pull the U.K. out of the EU without any negotiated deal on October 31. […] More

European Economic Sentiment Stumbled in July

July 30, 2019

European share prices fell Tuesday, depressed by an unexpectedly large slide in economic sentiment in the euro area to a 40-month low of 102.7 in July. That’s down from 105.2 just two months earlier and 111.2 a year ago. Germany’s economic sentiment slumped 2.4 points between June and July. Two big factors are sapping the […] More

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