German retail sales and unemployment

A Week Begins Fraught with Possibility

October 30, 2017

U.S. President Trump has promised to reveal his choice for Fed Chairperson this week before leaving for Asia on Friday. Jerome Powell is perceived to be the likeliest choice. Although presently a member of the Fed Board of Governors, Powell is not an economist by training. Over the past 47-1/2 years, economists have chaired the […] More

Ton of Released Data but Tepid Market Reaction

September 29, 2017

Strong dollar gains this week were in most cases not extended on the final business day of September and the quarter. The dollar is down 0.2% against the euro and 0.1% relative to the yuan and Swiss franc. The loonie and peso are unchanged. The dollar rose 0.2% against the New Zealand and Australian dollars, […] More

Firmer Dollar on this Last Day of August

August 31, 2017

The dollar climbed overnight by 0.8% against the kiwi, 0.4% relative to sterling, 0.3% versus the peso, and 0.2% vis-a-vis the euro, yen, Swissy, Canadian dollar and Australian dollar. The greenback also edged up 0.1% against the yuan. Gold dipped 0.2%. Lots of data reported today. Stocks were mixed overnight in Asia but are mostly […] More

Last Day of the Week, Month, Calendar Quarter, and Japanese Fiscal Year

March 31, 2017

Shortly before the release of several U.S. indicators (personal spending and income, the PCE price deflator, the Chicago PMI, and the Reuters/U. Michigan consumer sentiment index) the dollar was unchanged from last night against the euro, yen, Swiss franc, loonie, Aussie dollar and yuan. It had risen 0.3% against the kiwi and 0.1% versus the […] More

European Share Prices Higher after Drop in Asia

May 31, 2012

May 31st is seeing the typical month-end deluge of economic data, some of which have proved better than expected. The volume of German retail sales rose 0.6% in April on top of May’s 1.6% increase. Euro area CPI inflation slowed more than expected to 2.4% in May from 2.6% in June. Swiss real GDP advanced […] More

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