Ezone retail PMI

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

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