French CPI
Markets Guided by Fresh Urge to Seek Safety
January 3, 2020
Safe haven currencies like the dollar and yen rose overnight. Investors shifted funds out of stocks, which had soared Thursday, into fixed income securities. 10-year sovereign debt yields fell five basis points each in the U.S., Germany and Great Britain. Equity markets dropped 0.8% in Japan, 0.6% in Indonesia and Australia, and 0.4% in India […] More
Central Bankers Less Confident about What To Do
February 21, 2019
FOMC minutes from the late January policy review clarified that the Committee’s new buzz word “patience” reflects uncertainty as to what outlook the latest economic data and other factors may be implying. “In light of the range of uncertainties associated with global economic and financial developments, the Committee decided that it was not useful at […] More
Risk-Off Mood in Financial Marketplace
June 14, 2018
Investors are reacting Thursday to An increasing likelihood of four Fed rate hikes this year and three more in 2019 following yesterday’s federal funds rate increase and hawkish press conference. News today from the European Central Bank that monthly asset buying will be sliced in half to EUR 15 billion from October and eliminated altogether […] More
