German industrial production

Monday Rundown

August 7, 2017

Comparatively small changes can be seen so far in U.S. and European stocks. Likewise, the dollar shows a dip of 0.1% against the yuan and resilient euro but gains of 0.3% versus the loonie, 0.2% against the Australian dollar and 0.1% relative to the yen, Swissie, and sterling. Bigger dollar advances of 0.7% against the […] More

A Focus on Central Banks

September 7, 2016

Money markets are discounting only a one in four likelihood that the fed funds rate gets hiked on September 21 despite hawkish remarks overnight from San Francisco Fed President John Williams, who voiced confidence in current U.S. economic conditions and opined that moving sooner is better than doing so later. The Fed’s Beige Book of […] More

Post-Jobs Report Rally Extended

August 8, 2016

World stocks, oil, and emerging market currencies rose in further reaction to Friday’s better-than-expected U.S. jobs data that showed a 255K increase in employment last month and marginally stronger wage growth. Share prices advanced 2.4% in Japan, 1.7% in Hong Kong, 0.9% in China, 0.7% in Australia and South Korea, 0.6% in Taiwan and 1.5% […] More

Investors Less Anxious

July 7, 2016

Investor around the world have grown more accustomed to the prospect of the U.K. leaving the EU. Share prices in the Pacific Rim rose 1.2% in Hong Kong, 1.1% in South Korea and 0.8% in Taiwan but slipped 0.7% in Japan.  In Europe, stocks have risen by 1.4% in Britain, 1.3% in France, 1.1% in […] More

Some Better PMI Results but Investor Mood Stays Guarded

April 6, 2016

Stocks in the Pacific Rim fell 1.7% in Taiwan and 0.1% in Japan and China but rose 0.4% in Australia, South Korea and Singapore. Share prices in Europe are mixed, with rises of 0.6% in the U.K. and Switzerland, 0.7% in Italy and 0.3% in France and Spain but drops of 0.7% in Greece and […] More

Different Responses to Terrorism

December 7, 2015

President Obama gave a rare nationwide address Sunday in prime time, stressing the difficulty of combating terrorist acts like the one in California last week but urging calm.  Hysteria and broad characterizations play into enemy’s intent. In the first round of French regional elections, the right-wing National Front claimed the most popular votes and won […] More

Holiday Closures in the United States and Canada

September 7, 2015

Financial markets today will lack the leadership of North American participation due to Labor Day closures in the United States and Canada. The dollar is mixed, dropping 0.6% against sterling, 0.4% versus the Aussie dollar and 0.1% relative to the euro but advancing 0.4% against the kiwi, 0.3% vis-a-vis the yen, and 0.1% relative to […] More

Focus Remains on Greece and China

July 7, 2015

There will be a summit today of eurozone leaders where the Greek government will submit its post-referendum proposal for a debt plan.  Many in the rest of Europe just want Greece to leave the common currency area, and the ECB has refused to increase Greece’s emergency aid under the ELA. Chinese share prices tumbled another […] More

Euro Down Ahead of U.S. February Labor Market Data

March 6, 2015

The euro fell in the wake of yesterday’s ECB press conference and is down an additional 0.9% against the dollar overnight, hitting a new low for the move of $1.0929.  The U.S. currency otherwise rose 0.2% versus the kiwi and 0.4% against the Swiss franc and sterling.  At the same time, the dollar has fallen […] More

New Wave of Anxiety over Europe

January 9, 2015

Share prices are down by 3.0% in Spain, 1.1% in Italy, 0.7% in Britain and France, and 0.6% in Germany. An unexpected 0.1% dip in German industrial production during November was reported today, along with news of smaller-than-forecast current account and trade surpluses that month and a 2.1% on-month decline in exports.  The EUR 18.6 […] More

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