German CPI

U.S. Political Stress, PMI Services, A U.S. Jobs Report Shocker, and FOMC Minutes on Today’s Radar Screen

January 6, 2021

In the Georgian senate runoff elections, Warnock has apparently beaten his Republican opponent, and Ossoff holds a razor-thin 50.2%/49.8% lead over the Republican incumbent with 98% of ballots counted. If these leads hold, Democrats would take over the senate majority. The congress is scheduled to tally the state certified presidential electoral voting results this afternoon […] More

Stymied Effort to Get Fiscal Package and Covid Concerns Depress Stocks and Lift Dollar

December 11, 2020

While bipartisan consensus has emerged over the size of a U.S. fiscal stimulus (slightly above $900 billion), disagreement over the composition of relief and particularly over the¬† issue of liability protection for businesses continues to prevent a senate vote before Christmas. There also is no trade deal yet between Great Britain and the European Union, […] More

End of November Brings Many Data Reports and Stock Market Pause

November 30, 2020

Dollar losses overnight amounted to 0.4% against sterling, 0.3% versus the loonie, and 0.2% relative to the euro and kiwi. The greenback also rose 0.2% against the Australian dollar and 0.1% vis-a-vis the yen and peso. There’s been no net change against the yuan or Swissy. Some profit-taking took place in stock market trading overnight […] More

A Wide Mix of Data Reports on August’s Final Day

August 31, 2020

The dollar strengthened 0.5% against the yen, 0.3% versus the peso, and 0.2% relative to sterling but fell 0.3% against the euro and yuan, 0.2% vis-a-vis the loonie and Swiss franc, and 0.1% against the Australian dollar. British markets are shut for the late summer bank holiday. Share prices elsewhere advanced 1.1% in Japan but […] More

Coronavirus Still Dominating Markets

June 29, 2020

Over the weekend, the global coronavirus case and death counts went over 10 million and half a million, respectively. Compared to Friday at this time, there has been an increase of 132k and 1,653 in U.S. identified cases and deaths attributed to Covid-19. Florida and Texas are struggling. Polish President Duda failed to capture a […] More

Lots of Data and an FOMC Meeting to Digest

April 29, 2020

Even with Japanese markets shut for the first of several “Golden Week” holidays, today is a very active day. Euroland economic sentiment, U.S. GDP, and several price statistics head a long list of data releases. Also, the FOMC will announce the conclusions of a scheduled review of monetary policy, which will be followed by a […] More

New Week Brings More Covid-19 Deaths and More Risk Aversion

March 30, 2020

There have now been almost three quarters of a million identified Covid-19 cases around the world, resulting in 35k deaths. About a fifth of the cases have occurred in the United States. In the past 24 hours, Spain reported 537 more deaths to the illness. A ban on U.S. social gatherings has been extended to […] More

Coronavirus Takes Turn for the Worse, and British Cabinet Reshuffled Significantly

February 13, 2020

Thursday has been a difficult day in world financial markets, absorbing the news of an exponential increase in suspected coronavirus cases, as well as the unexpected quitting of British Chancellor of the Exchequer Javid and departure of several other members of Prime Minister Johnson’s cabinet. Share prices tumbled 1.6% in Great Britain, 1.2% in Spain, […] More

Financial Markets Comparatively Steady after Signing of Phase I U.S.-China Trade Deal

January 16, 2020

The dollar rose 0.1% overnight against the yen but slipped by 0.3% versus sterling and the Australian dollar, 0.2% relative to the Chinese Renminbi and Swiss franc, and 0.1% versus the euro and loonie. Share prices in the Pacific Rim advanced 0.7% in Australia, New Zealand and Singapore, 0.8% in South Korea, 0.1% in Japan, […] More

Central Banks, Economic Data Surprises, and British Voters in the News This Thursday

December 12, 2019

Polls in Britain’s parliamentary election today will close at 22:00 GMT 17:00 EST. The fate of Brexit is at stake. U.S. producer prices stayed unchanged in November, defying expectations of an increase and leaving the 12-month¬† increase at 1.1%. An even bigger surprise was a leap in new jobless insurance claims last week to 252k, […] More

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