German WPI

Markets Calmer than Yesterday

January 13, 2017

After slumping Thursday, the dollar is unchanged today against the yen, Australian dollar, loonie and sterling. The greenback slipped a mere 0.2% against the euro, Swissie and peso since Thursday’s close and is down 0.1% vis-a-vis the yuan and kiwi. The Japanese Nikkei recovered 0.8%. Elsewhere in the Pacific Rim, equities have fallen 0.8% in […] More

Digesting More Data

September 13, 2016

The dollar is holding steady against the euro, Swiss franc and yuan, down 0.5% versus the loonie, but 0.6% stronger against sterling. The dollar has also advanced 0.4% against the yen and Australian dollar and 0.3% vis-a-vis the kiwi. Share prices had recovered in the U.S. yesterday after Governor Brainard of the Federal Reserve made […] More

Possible Game-Changer in the Greek Debt Crisis

July 10, 2015

The latest Greek proposal of reforms for financial support contains a broad range of concessions that go beyond what Greek voters overwhelmingly rejected by referendum.  It includes such areas that were taboo until now such as higher VAT on restaurants, pension reform, labor market reform, and a corporate tax hike.  In return, Greece would get […] More

Stronger Dollar, Weaker Oil Price and a Russian Interest Rate Cut

March 13, 2015

The dollar advanced overnight by 0.9% against the kiwi, 0.6% relative to the Australian dollar, 0.5% versus the Swissie, 0.4% against the euro, loonie and sterling but just 0.1% vis-a-vis the Japanese yen.  The yuan is unchanged. West Texas Intermediate oil dropped 0.8% to $46.69 per barrel.  Governments by and large had been projected an […] More

Interesting Data Results and More More Volatility

January 13, 2015

10-year sovereign bond prices and European share prices both rose, as did the dollar and price of gold.  But oil dropped below $45. British CPI inflation halved in December to a 15-year low of 0.5%, seemingly pushing the onset of Bank of England tightening further into the future. China recorded a $49.61 billion trade surplus […] More

Softer Dollar

September 11, 2012

The dollar has lost 0.6% against the kiwi, 0.5% against the euro, 0.4% versus the loonie and Australian dollar, 0.3% relative to the Swiss franc and yen, and 0.2% against sterling.  The yuan is steady. The euro strengthened to $1.2821, its firmest level since May 21st. Euro debt concerns continued to weigh on European equities, […] More

Misgivings Surface about EU Summit

December 12, 2011

In an inactive day from a data release standpoint, Commodity prices, European stocks and major European currencies have weakened.  The pattern is all too familiar.  The immediate immediate market reaction to plans to stop the euro debt problem is fleeting once analysts point out that symptoms but not causes have been addressed. The dollar has […] More

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