eurozone retail PMI
Sterling Falls after Bank of England Eases
August 4, 2016
The mixed dollar shows gains of 1.4% against sterling, 0.3% versus the euro, 0.2% relative to the yuan and 0.1% vis-a-vis the yen, loonie and Swiss franc but losses of 0.9% against the Australian dollar, over 1.0% versus the rand and 0.4% vis-a-vis the kiwi. Share prices have risen 1.1% in Japan, 1.7% in Spain, […] More
Stocks Trade Lower ahead of U.S. Jobs Data and Amid Poor Overseas Data
May 6, 2016
Equities dropped 2.8% in China, 1.7% in Hong Kong, 0.5% in South Korea and 0.3% in Japan, which reopened for the first time since Monday. In Europe, share prices are down 1.3% in Italy, 0.8% in the U.K., 1.0% in France, 0.6% in Germany, 0.5% in Spain and 0.4% in Switzerland. The dollar advanced 1.3% […] More
Some Better PMI Results but Investor Mood Stays Guarded
April 6, 2016
Stocks in the Pacific Rim fell 1.7% in Taiwan and 0.1% in Japan and China but rose 0.4% in Australia, South Korea and Singapore. Share prices in Europe are mixed, with rises of 0.6% in the U.K. and Switzerland, 0.7% in Italy and 0.3% in France and Spain but drops of 0.7% in Greece and […] More
Equities Holding Friday-Monday Gains So Far
October 6, 2015
The dollar has lost 0.4% against the Australian dollar, 0.3% versus the euro, 0.2% vis-a-vis sterling, and 0.1% against the yen and Swissie. The dollar edged 0.1% higher relative to the kiwi and yuan. China’s currency has pulled ahead of the yen into fourth place among most used monies around the world. Japan’s Nikkei closed […] More
Greek Voters Send Message
July 6, 2015
The “No” margin of victory, which exceeded 61% of the vote, far surpassed all expectations and has exposed the Achilles Heel of the common European currency experiment, namely its lack of adequate popular mandate ever since the project’s inception. The Maastricht Treaty upon which EMU is based had to be ratified by all participating nations, […] More
Continuing Deadlock over Greece Rattles Markets Badly
June 4, 2015
Ten-year sovereign debt yields rose 8 basis points in the U.K., 5 bps in Germany, and 4 bps in Japan. Futures put the 10-year Treasury at 2.42%, which like its German counterpart of 0.93% is at a new high for the year. Share prices are down 2.6% in Greece, 1.8% in France, 1.7% in Germany, […] More
