German retail sales

Equities Still Well Bid for the Most Part

September 2, 2020

Fed Governor Brainard’s call for more fiscal and monetary stimulus encouraged the risk appetite of investors overnight especially in European trading. Ten-year German bund and British gilt yields fell by 3 basis points each, and stock markets have risen by 2.3% in France and Germany, 2.2% in Italy, 1.7% in Switzerland, and 1.6% in Great […] More

Stock Markets Open Third Quarter on a Downbeat Despite Higher Factory PMI Readings

July 1, 2020

Share prices fell 0.8% in Japan and show daily losses so far of about 1.5% in Germany, France, Italy and Spain. The British Ftse is 1.1% weaker, and U.S. futures point to a drop at the open. Euroland’s June purchasing managers index printed at a 4-month high of 47.4, which is half a point above […] More

Market Strains in Spite of Some Better-than-Feared Economic Data

April 1, 2020

The second quarter and Japan’s new fiscal year began on a difficult note for world financial markets. The Japanese Nikkei slumped 4.5%, while markets in India, South Korea, Hong Kong, Indonesia, and Singapore closed down 4.1%, 3.9%, 2.2%, 1.6% and 1.4%. The German Dax and Paris Cac are currently each 4.1%, while share price losses […] More

More Evidence of a Global Slowdown

July 2, 2019

The dollar fell 0.4% against the Australian currency and 0.3% vis-a-vis the Japanese yen but is little changed otherwise. Equity markets in the pacific Rim slid 0.4% in South Korea and 0.3% in Taiwan but advanced 1.1% in China. In Europe, the British Ftse is up 0.5%, but the German Dax is unchanged. The U.S. […] More

Investors Watching G20 Summit and Examining Today’s Load of Data

November 30, 2018

The dollar rose 0.7% against the euro overnight but just 0.1% relative to the yen and sterling. Stocks dropped 1.6% in Australia and 0.8% in Indonesia and South Korea but climbed 0.8% in China, 0.5% in Hong Kong and 0.4% in Japan. Share prices in Europe are down 1.0% in the U.K. and 0.3% in […] More

Fourth Quarter Opens with Japanese Tankan Survey and a Slew of Manufacturing PMI Surveys

October 1, 2018

China will be closed all week, commemorating the communist revolution of 1949. Hong Kong’s market was similarly shut, and so was Australia’s due to Labour Day and the Queen’s Birthday observance there. A three-country Nafta remake including Canada as well as Mexico was fashioned at the last minute. Changes from the original deal were less […] More

Volatile Market Session on Final Business Day of the Quarter and Amid Many Data Reports

June 29, 2018

Share prices climbed 2.8% in Hong Kong, 2.3% in Indonesia, 2.2% in China, 1.7% in Taiwan, but just 0.2% in Japan. In Europe, equities have risen 1.3% in Germany and France, 1.6% in Switzerland, 1.0% in Italy and 0.6% in the U.K.. The DOW shows a gain of slightly over 1.0% so far today. Another […] More

Continuing Parade of March Purchasing Managers Surveys

April 3, 2018

While many markets had remained shut for Easter Monday, U.S. equities plunged yesterday, led by technology issues. Today in earlier trading, markets have paused comparatively speaking. Stocks closed down only 0.8% in China, 0.6% in Taiwan, and 0.5% in Japan and Singapore, and the Hang Seng rose 0.8%. Likewise, stocks in Europe have fallen 0.9% […] More

Between the State of the Union and Yellen’s Final FOMC Meeting

January 31, 2018

Reaction to President Trump’s first State of the Union address last night has been typically partisan.¬†For good or bad, citizens have already solidified their impressions of him for however much longer he is their president. The next big event will be the FOMC’s released statement at 14:00 EST (19:00 GMT). No press conference follows, and […] More

Flood of Data on Final Business Day of April

April 28, 2017

The dollar is mixed, with declines of 0.6% against the euro, 0.3% relative to the peso and Swiss franc and 0.2% vis-a-vis sterling but gains of 0.3% versus the yen, 0.2% against the kiwi and 0.1% relative to the loonie. The Aussie dollar and Chinese yuan are unchanged. Stocks are generally lower. The German bund […] More

css.php