New Euro Area Public Finance Figures Released

April 26, 2011

All markets are again open following the Good Friday/Easter holiday break.  Today is the 25th anniversary of the Chernobyl nuclear accident near Kiev. Commodity price gains have been trimmed following their sharp run-up in recent days.  Gold at $1505.20 per ounce is 0.9% below yesterday’s peak of $1518.32.  Oil is off 0.2% at $112.03 per […] More

Emergency Bank of Japan Meeting Has Louder Bark Than Bite

August 30, 2010

The dollar fell overnight by 0.9% against the Canadian dollar, 0.6% versus sterling, 0.4% against the yen, and 0.1% relative to the Swiss franc.  The dollar firmed 0.4% against the kiwi, 0.2% against the euro and 0.1% relative to the Australian dollar and Chinese yuan. Japan’s Nikkei-225 equity index closed 1.8% higher but had climbed […] More