Ezone PPI

DOW Tops 22K and an Indian Interest Rate Cut

August 2, 2017

The DJIA moved as high as 22,036, topping 22K for the first time ever, but is currently hovering just below that level. Asia got its first interest rate cut of 2017 as the Reserve Bank of India’s repo and reverse repo rates were reduced 25 basis points to 6.0% and 5.75%, respectively. The reductions had […] More

Dollar Drops Against Yen, Yuan and Peso

January 5, 2017

The dollar fell overnight by 1.3% against the Mexican peso, 0.7% relative to the Japanese yen and 0.6% vis-a-vis the Chinese yuan. The U.S. currency also lost 0.2% to the Swiss franc and 0.1% versus the euro, loonie and Australian dollar but rose 0.3% against sterling and 0.1% relative to the kiwi. Share prices climbed […] More

Across-the-Board Rise in Dollar

December 2, 2014

The U.S. currency rose overnight by 1.1% against the kiwi, 0.8% versus the yen, 0.7% relative to the loonie, Aussie dollar and sterling, 0.6% against the Swiss franc and 0.5% versus the euro.  The yen touched a new low for the move of 119.30 per USD.  The 120 per dollar level, first approached at the […] More

Nikkei Plunges 4.2%, Greatest Daily Decline since August 16th

February 4, 2014

With Chinese markets still closed for the Lunar New Year, share prices fell 4.2% (or 611 points) in Japan, 2.9% in Hong Kong, 1.8% in Australia, 1.7% in South Korea, 1.0% in New Zealand, and 0.8% in Singapore and Indonesia.  In Europe, the German Dax is down 1.0%, but many other markets have only moderate […] More

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