German import prices

Monday Rebound of Stocks Extended and Dollar Higher Too

March 27, 2018

Share prices closed up 2.7% in Japan, 1.2% in in Hong Kong, 1.4% in Taiwan, 1.1% in China,  1.0% in New Zealand, 0.8% in Singapore and 0.7% in Australia. In European trading, equities have risen between 1.5% and 2.0% in the U.K., Germany and Switzerland and between 1.0% and 1.5% in France, Spain and Italy. […] More

10-Year U.S. Treasury and German Bund Yields Each Five Basis Points Higher

January 29, 2018

The 10-year Treasury yield exceeds 2.70% for the first time since mid-April 2014. The German 10-year bund yield matched the rise of its U.S. counterpart and has already climbed 25 basis points since end-2017 to 0.67%. Ten-year British gilt and Japanese JGB yields edged a basis point higher overnight as well. President Trump made a […] More

Only Marginal Net Dollar Movement on a Newsworthy Friday

December 22, 2017

The approaching Christmas holiday, which has some markets closing early today, appears to have muted changes in the dollar, which has moved up 0.3% against the loonie, 0.2% relative to the euro, Swissie, and peso, and 0.1% vis-a-vis the yen and kiwi while slipping 0.2% relative to the Aussie dollar, 0.1% against the yuan  and […] More

Dollar Strengthens

September 26, 2017

The dollar rose overnight by 0.8% against the kiwi, 0.6% versus the Aussie dollar, 0.5% vis-a-vis the Swiss franc, 0.4% relative to the euro and 0.3% versus the yen, loonie and sterling. Stocks in the Pacific Rim dropped 0.8% in Taiwan, 0.5% in Indonesia, 0.3% in Japan and South Korea, and 0.2% in Australia but […] More

Some Confusion Understanding Central Banker Intentions

June 28, 2017

ECB President Draghi said several things yesterday. A remark that the pendulum of price pressure is shifting away from deflation toward reflation had caught the market’s immediate attention and driven the euro higher, but the ECB today clarified that investors had not given sufficient weight to his other observation that plenty of monetary stimulus is […] More

Brexit Dye is Cast

March 29, 2017

British Prime Minister has signed a letter informing EU governments that Article 50 is being invoked today. This starts a 2-year period of negotiations on the terms for the U.K. leaving the European Union, which will happen on March 29, 2019. Sterling is down just 0.1% against the dollar. The Ftse has lost 0.2% today, […] More

Overseas Share Prices Didn’t Follow Yesterday’s U.S. Rally

March 2, 2017

Stocks were mixed in the Pacific Rim. While Australia’s bourse climbed 1.3% and the Japanese and Indonesian markets went up 0.8%, stocks fell 0.2% in Hong Kong and 0.5% in India. In Europe, the Greek and Spanish markets are flat, and the German and British ones have dipped 0.1%. U.S. futures are a tad down. […] More

It Ain’t Over ‘Til It’s Over

September 27, 2016

Clinton was at first perceived as the clear debate winner last night, which spurred a rally of stocks in Asia and emerging market currencies like the Mexican peso. She was deemed the winner overall but also on virtually all issues discussed. Narrowest margin was on likely handling of the economy. Donald Trump reserved one of […] More

Post-Brexit Market Moves Reversed Slightly Ahead of EU Council Meeting

June 28, 2016

The dollar settled back 0.9% against sterling and the kiwi, 0.8% versus the Australian currency, 0.7% relative to the loonie, and 0.6% vis-a-vis the euro and yen.  The yuan and Swiss are mostly unchanged.  Emerging market currencies did better today as well. Ten-year sovereign debt yields rebounded six basis points in the U.K., 3 basis […] More

Investor Sentiment Spooked by Fed Official Rhetoric

March 24, 2016

Led by oil, commodity prices have dropped.  West Texas Intermediate crude oil dropped 2.5% to $38.81 per barrel after indications of rising U.S. inventories.  Comex gold edged 0.1% lower to $1,218.83 per ounce. The Shanghai Composite index of Chinese share prices fell 1.6%, most in two weeks.  Equities closed down 1.3% in Hong Kong, 1.1% […] More

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