Ezone retail PMI
Sell-Off in European Sovereign Debt
July 6, 2017
Amid recent speculation that the policy stance of the European Central Bank may be nearing a turning point, a French government debt auction drew weak interest and triggered a broad rise in regional sovereign debt yields. 10-year yields rose 7 basis points in France and Germany, 6 bps in Italy, and 5 bps in the […] More
New Turn of Events on Several Fronts
April 6, 2017
At an unscheduled Czech National Bank policy meeting, the 27 koruna per euro ceiling imposed since November 2013 was lifted, and the currency strengthened marginally over 1.0% in response. The backdrop for the change is near-target inflation and sustaining growth. A discretionary role for intervention on an as-needed basis has been retained. Chinese President Xi […] More
Bad Market News on Several Fronts
August 6, 2014
Share prices fell 1.1% in Japan and are down by 3.0% in Italy, 2.0% in Spain, 1.5% in Germany, 1.2% in Britain and France, and 1.1% in Switzerland thus far. Earlier, stocks closed down 0.9% in India, 0.3% in China, Hong Kong, and South Korea and by 0.2% in New Zealand, Indonesia and Singapore. The […] More
Lots of Japanese Data and Disappointing Retail PMI Scores
December 28, 2012
The dollar extended its 28-month high against the yen to 86.65. The greenback shows net overnight gains of 0.4% against the euro and Swissie and of 0.1% relative to the yen, kiwi, and sterling. The loonie and Aussie dollar are steady. The yuan is 0.2 higher. Stocks climbed in the Pacific Rim but are lower […] More
