German industrial production and current account

Elections, Fed Rhetoric, and Some New Data

May 9, 2017

On Sunday, French voters elected a centrist president but gave far-right candidate Le Pen about a third of the vote. The result avoids the specter of Frexit for now but didn’t spell the end of pan-European nationalism. In Germany, meanwhile, two recent state elections have also swung to Chancellor Merkel’s pro-EU CDU party, increasing chances […] More

A Slew of Market Factors this Friday

August 7, 2015

The dollar has risen 0.4% against the euro, loonie and sterling.  It got a boost from the monthly Labor Department jobs report, which showed Unchanged unemployment (5.3%), participation rate (62.6%), and jobs-to-population ratio of 59.3%. The creation of 215K nonfarm payroll jobs last month, slightly less than forecast, but a combined 14K upward revision to […] More

Awaiting U.S. Jobs Data

September 6, 2013

The dollar has lost 0.8% against the kiwi, 0.6% versus the loonie, 0.4% relative to the yen and Australian dollar and 0.1% versus the Swiss franc.  The dollar is also unchanged against sterling, the euro and yuan. Japan’s Nikkei slumped 1.5% in part on unconfirmed news that Tokyo, heretofore the front-runner, is not going to […] More

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