German unemployment

Euro Weakens and Equities Remain on Tenterhooks

January 5, 2016

The euro weakened overnight by 0.8% against the dollar and 1.2% relative to the yen.  The U.S. currency has otherwise appreciated 0.7% versus the Swiss franc, 0.5% vis-a-vis the kiwi and 0.3% against the Aussie dollar and sterling, but it shows a 0.3% relative to the yuan and no change against the loonie. Stocks in […] More

Weaker Japanese and Chinese Share Prices

March 28, 2013

Equities slumped 3.3% in China on fear of more property market curbs.  Weakness was concentrated in financials.  The decline occurred in spite of data showing a strong 17.2% on-year advance in Chinese corporate earnings. The Japanese Nikkei fell 1.3% on the next to last day before the end of the fiscal year.  Bank of Japan […] More

Improved Market Psychology

September 27, 2012

Share prices, commodities, commodity-sensitive currencies, and sovereign debt yields are higher as tomorrow’s business calendar quarter-end approaches. Stocks in Europe have thus far recovered 0.9% in France and Italy, 0.6% in Spain, 0.5% in Germany, and 0.4% in Great Britain. A key impetus for this turnaround came from a bigger-than-anticipated liquidity injection by the People’s […] More

Share Prices Sinking on a Thursday Crammed with New Information

March 29, 2012

Equities fell 1.3% in China and Hong Kong, 1.5% in Vietnam, 2.1% in Taiwan, 0.9% in South Korea, 0.7% in Japan and 0.4% in India.  The German Dax, Paris Cac and British Ftse have already lost 1.1%, 1.0%, and 0.9% today. Continuing the motif of greater risk aversion, the yen has advanced 0.8% against a […] More

Post-FOMC Drop of Dollar and Rise of Gold Extended

April 28, 2011

Gold prices advanced 1.0% overnight to $1531.70 per ounce and are 5.4% above the close of $1453.10 of April 12th. Oil prices are 0.2% lower at $112.60 per barrel. The dollar has fallen 0.5% against the yen, 0.3% relative to the Australian dollar, Canadian dollar, and euro, and 0.2% against sterling, Swiss franc and the […] More

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