Ezone producer prices

Softer Share Prices and Dollar

December 3, 2013

The dollar slid overnight by 0.6% against the kiwi, 0.4% versus the yen, Swiss franc and sterling, 0.3% relative to the euro, and 0.2% against the Australian dollar.  The greenback is unchanged against the yuan and 0.1% firmer relative to the loonie. Share prices have fallen by 1.1% in South Korea, 0.8% in Indonesia, 0.5% […] More

Return from Summer Holiday

September 3, 2013

The U.S. and Canada will be returning after Labor Day holidays on Monday.  New Middle Eastern jitters were aroused after alleged ballistic missile test by Israel. The Aussie dollar advanced 0.7% against its U.S. counterpart after the Reserve Bank of Australia released a statement that failed to talk about scope for further easing. Australia’s Official […] More

Market Tone Aided by Some Supportive Data

June 4, 2013

Data released by the Bank of Japan reflect this quarter’s intensifying monetary easing. The central bank balance sheet had expanded to JPY 184.3 trillion by end-May from JPY 174.7 trillion at end-April and JPY 164.3 trillion at end-March. On-year growth in Japan’s monetary base (MB) accelerated to 31.6% in May from 23.1% in April, 15.2% […] More

Somewhat Firmer Yen

January 7, 2013

The yen, which had fallen sharply over the past 1-1/2 months, has corrected upward 0.3% against the dollar.  Finance Minister Aso spoke hopefully that a formal change in the Bank of Japan law may prove unnecessary.  The dollar also has lost 0.4% against the kiwi and 0.2% versus the Australian dollar, but it rose 0.2% […] More

Equity Rally Extended

October 2, 2012

Monday’s better market tone extended into Tuesday, fed by a surprise Australian Official Cash Rate cut and hopes of a Spanish bailout. Stocks rose 1.1% in New Zealand, 1.0% in Australia, 0.8% in the Philippines, 0.7% in Singapore, 0.6% in Taiwan, 0.5% in Indonesia, and 0.3% in India.  China remains closed for the entire week, […] More