Euroland economic sentiment

Busy Day of Data

February 26, 2015

A surprise 2.2% decline in Australian private investment last quarter rekindled speculation about an interest rate cut by the RBA. British GDP grew 0.5% last quarter and 2.7% from the final quarter of 2013.  Average growth accelerated from 1.5% in 2013 to 2.6% last year.  The slowdown of growth in the final quarter from 0.7% […] More

Euroland Sentiment Indices Unexpectedly Buoyant

March 28, 2014

The dollar has risen 0.2% against the yen and 0.1% versus the Swiss franc and Australian dollar but also shows losses of 0.1% against hte kiwi, loonie and sterling.  The yuan and euro are unchanged against the dollar. Share prices in the Pacific Rim climbed 1.1% in Hong Kong, 1.0% in Indonesia, 0.6% in India, […] More

Japanese Market Volatility Intensifies

May 30, 2013

The more Japanese officials express unconcern, the uglier the mood of the markets there becomes.  The Nikkei-225 plunged another 5.2% to 13,589, 13% below its May 22 closing level.  Compared to its low that day of 103.74 per dollar, the yen’s high today of 100.46 constituted an appreciation of 3.3%.  The 10-year JGB yield fell […] More

Somewhat Softer Dollar

April 29, 2013

With holiday closures in Japan for Showa Day (commemorating the era of former Emperor Hirohito) and China for Labor Day, the dollar had declined 0.7% against the kiwi, 0.6% versus the Australian dollar, 0.4% relative to the euro and Swiss franc, 0.3% against the loonie and sterling and 0.1% vis-a-vis the yen.  The yuan is […] More

Evidence of Weakening Euro Area Sentiment and Disagreement on Means to Grow Europe

April 26, 2012

The boost to stocks from Fed Chairman Bernanke’s press conference didn’t last long. Investors have taken from Bernanke that further stimulus measures will only happen if U.S. growth or inflation falters anew. Euroland economic sentiment dropped 1.7 points to a reading of 92.8, matching last December’s score. ECB President Draghi and French presidential candidate front-runner […] More

Confusion of More Divergent Economic Statistics

January 6, 2011

The dollar is generally firm, supported by yesterday’s ADP employment report, higher market interest rates, European economic divergence, and lingering euro area peripheral debt concerns.  The dollar advanced 0.4% against the euro overnight and is also up 0.3% against the Swiss franc and 0.2% versus sterling and the Australian dollar.  The dollar jumped 0.6% against […] More

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