French GDP

Risk Aversion is Back

September 23, 2014

Share prices in the Pacific Rim fell 1.6% in India, 0.6% in Indonesia and 0.5% in Taiwan and South Korea.  Japan was closed for the Autumnal Equinox holiday.  Downward equity momentum has picked up in Europe, with losses so far of 1.6% in France, 1.3% in Great Britain, 1.1% in Germany, Italy and Spain, and […] More

Confidence in Europe Hurt by Cyprus Situation

March 27, 2013

Cypriot banks will reopen tomorrow with capital controls.  Uninsured large depositors have taken a big hit. The euro sank as low as $1.2787, its weakest dollar value since November 21, 2012. There is fear of contagion in Europe.  While stocks in the Pacific Rim closed mostly higher, European equities are down 1.7% in Spain, 1.2% […] More

Lots of Released Data on Final Business Day of the Quarter

September 28, 2012

Share prices rose in the Pacific Rim but are mostly lower in Europe.  Investors are again focused on Spain, where the 2013 budget was unveiled yesterday and bank stress test results are due today.  The fiscal deficit is projected at 4.5% of GDP, down from 6.3% in 2012.  Italian Prime Minister Monti opposes new conditions […] More

Some Soft European Data Released

March 28, 2012

The dollar is narrowly mixed this Wednesday, with overnight declines of 0.3% against the yen and 0.2% versus the euro and Swiss franc offset by gains of 0.4% relative to the Australian dollar, 0.2% versus the kiwi and sterling and 0.1% against the loonie.  The yuan is unchanged. Share prices slumped 2.8% in China.  Elsewhere […] More