Indian WPI

Stocks Mixed,Dollar and Oil Price Down at Start of September’s Third Week

September 14, 2020

Equities advanced in the Pacific Rim, slid marginally in Europe, and appear poised to open higher in the United States. The dollar fell overnight by 0.7% against sterling, 0.5% versus the kiwi, 0.3% relative to the peso, euro, and Swiss franc, 0.2% vis-a-vis the yuan and 0.1% against the yen and loonie. The price of […] More

Bunch of Chinese Data Releases to Start the Week

July 15, 2019

Financial market activity was muted as July’s third week got under way. Japan was closed for Marine Day. The dollar is unchanged from Friday closing levels against the yen and euro. The greenback has slipped 0.4% versus the kiwi, 0.2% relative to the Australian dollar and by 0.1% vis-a-vis the yuan, Swiss franc, peso, and […] More

Oil Talks Collapse and a Brazilian Vote to Impeach President Rousseff

April 18, 2016

Oil ministers from OPEC and Non-OPEC producers did not agree to freeze production at January levels.  Iran didn’t join the meeting, and Saudi Arabia refused to adopt any accord without Iranian participation.  Hopes for an agreement had previously lifted oil by more than 60% from a 12-year low of $26.05 on February 11 to over […] More

European GDP Growth Last Quarter Beats Expectations and Lifts Euro

February 14, 2014

The dollar had depreciated by 0.9% against the Swiss franc, 0.8% relative to the euro, and 0.7% versus sterling.  The greenback also lost 0.6% against the yen, 0.7% versus the kiwi, and 0.4% relative to the loonie. There’s been a dip of 0.1% against the Aussie dollar and a 0.1% uptick versus the yuan. The […] More

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