Euroland PPI

Share Prices Falter… British and Czech Central Bank Rates Hiked

August 2, 2018

The tone of tariff threats between the United States and China has intensified. The Turkish lira tumbled to an all-time low beyond the 5 per dollar level yesterday in response to the imposition of U.S. sanctions against the Turkish Minister of Justice. The lira had already been under siege as a result of accelerating inflation […] More

Dollar Down.. So Are Bond Yields, Stocks and Oil

March 2, 2018

The dollar fell nearly 1% overnight against the yen to a new 2018 low. The U.S. currency has also lost 0.8% versus the Swiss franc and 0.5% vis-a-vis the euro, and it has move under a key psychological trade-weighted level. The German Dax and Japanese Nikkei are down 1.3%. Ten-year German bund and British gilt […] More

Dollar Strengthens and U.S. Stocks Extend Rally

December 4, 2017

The mounting likelihood of a huge U.S. tax cut is dominating world financial markets. The possibility of a federal government shutdown on Friday is not impacting. Sterling has also been in demand, aided by more constructive Brexit discussions. Overnight dollar gains amount to 1.1% against the kiwi, 0.9% relative to the Swiss franc, 0.6% vis-a-vis […] More

Upbeat Investor Mood in Spite of Vegas Tragedy

October 3, 2017

The dollar rose overnight by 0.3% against the yen and kiwi, 0.2% relative to the peso and 0.1% vis-a-vis the Australian dollar. The dollar also drifted 0.2% lower against the euro and 0.1% versus the loonie and Swiss franc. Both gold and oil slipped 0.2% overnight. The Chinese, German and South Korean markets are closed. […] More

North Korea Observes America’s Birthday with a Successful ICBM Test

July 4, 2017

Today is the 241st anniversary of the signing of the U.S. Declaration of Independence. We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these […] More

Investors Confident Today’s U.S. Jobs Report Will Be Solid

June 2, 2017

There’s also been an out-sized 3.1% drop in the price of West Texas Intermediate crude oil to $46.86 per barrel. Metal prices including gold are down as well. The dollar and stocks continue to shrug off Trumpian meshugas. The dollar is unchanged against the euro, Swiss franc and loonie and 0.2% higher versus the yuan, breaking […] More

Softer Dollar and Yen

April 20, 2017

The dollar has rebounded 0.5% against the yen but has traded down 0.5% against the Australian dollar, 0.3% relative to the euro, peso and sterling, and 0.2% vis-a-vis the Swiss franc and kiwi. U.S. share prices opened a bit firmer. Japan’s Nikkei and the Shanghai composite index closed unchanged on Thursday. Stocks climbed 1.0% in […] More

Financial Markets Don’t Like Strongmen Rulers

November 4, 2016

The Turkish lira fell over 1.0% in response to the arrest of Kurdish lawmakers who oppose the authoritarian Prime Minister Erdogan. Global stocks are down as U.S. opinion polls show that the possibility of Donald Trump winning the presidency has to be taken seriously. Share prices in the Pacific Rim fell 1.8% in South Korea, […] More

Sterling at Post-Brexit Low but Share Prices Climb

October 4, 2016

Britain’s plans to leave the EU has returned to center stage. Prime Minister Theresa May will address the Tory annual conference tomorrow, but she has already indicated a predisposition for no sugar-coating of the coming change in Britain’s relationship with the European Union. Access to the single market will be constrained, and the all-important financial […] More

Most Equities Have Firmer Tone

April 4, 2016

Friday’s post-jobs report rise in stocks has carried into Monday’s session.  U.S. futures are indicated higher.  Stocks rose 0.5% in India, 0.6% in Singapore and New Zealand and 0.3% in South Korea.  Japan’s Nikkei slipped 0.3%, and Taiwan, China, and Hong Kong were closed, observing the Ching Ming Festival.  In Europe, share prices have risen […] More

css.php