Euroland money and credit growth

Dollar and Equities Strengthening on Final Day of April

April 30, 2018

The dollar shows overnight gains of 0.6% against the kiwi and peso, 0.5% versus the Australian dollar, 0.4% relative to the euro and sterling, and 0.3% vis-a-vis the yen, loonie and Swiss franc. The Japanese and Chinese markets were closed today for Showa Day and Labor Day, respectively. Markets in China will remain shut tomorrow […] More

Mr. Trump Goes to Davos

January 26, 2018

While at the World Economic Forum, President Trump in interview said some unexpected things, like he seeks a stronger, not weaker dollar, and expects the currency to strengthen eventually. Rarer yet, he seemed to apologize for tweets that may have ruffled U.S. relations with Great Britain. And finally, trade is fine, so long as it’s […] More

Dollar Rises and Long-Term Sovereign Debt Yields Spike Upward

September 27, 2017

The dollar advanced overnight by 0.9% against the Mexican peso, 0.6% versus the yen and Swiss franc, 0.4% relative to the euro, and 0.3% vis-a-vis the Aussie dollar, loonie and sterling. The yuan is flat, and the kiwi edged up 0.1%. Ten-year German bund and British gilt yields leaped six and five basis points. Futures […] More

Stronger Yen as End-2014 Draws Closer

December 30, 2014

The dollar fell 1.0% against the Japanese yen on balance and got as strong overnight as 119.18 at one point, its best level since December 19.  The yen was buoyed by the Bank of Japan’s announcement that it will be buying JGBs with longer maturities.  The yen’s overnight high against the euro was 145.11. The […] More

A Substantial Downward Break in Share Prices

February 27, 2012

Equities dropped by 2.7% in India, 1.9% in The Philippines, 1.6% in Sri Lanka, 1.4% in South Korea, 1.1% in Singapore, 1.0% in Thailand, and 0.9% in Australia, Indonesia and Hong Kong.  In Europe, the British Ftse has so far lost 1.5%, and the German Dax and Paris Cac show declines of 1.2%. Japan’s Nikkei […] More

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