Euroland money and credit growth

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