eurozone trade surplus

Profit-Taking Friday

April 15, 2016

Investors were in a more sober mood at week’s end. The dollar fell back 1.0% against the kiwi, 0.7% relative to the won, 0.5% versus the yen, 0.3% vis-a-vis the Aussie dollar and sterling, and 0.2% against the euro.  The loonie and yuan are unchanged. Share prices in Europe are down 0.8% in Switzerland, 0.6% […] More

Several Points of Keen Interest Despite U.S. Presidents Day Market Closure

February 15, 2016

A 1.2% increase in the Chinese yuan against the dollar was its biggest daily advance since a 2% revaluation engineered in July 2005. People’s Bank of China Governor Zhou made upbeat remarks about the yuan and China’s economy and balance of payments. The cause of U.S. Supreme Court Justice Scalia’s death was ruled a heart […] More

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