Italian business and consumer confidence

Europe in the Spotlight

August 28, 2019

Tense political dramas are happening in the U.K. and Italy this Wednesday. British Prime Minister Johnson, A.K.A. Bojo, requested that Queen Elizabeth suspend parliament for five weeks. This tactic is meant to curtail the maneuvering room of opponents to a hard Brexit from passing a law preventing such. Johnson’s request creates a constitutional crisis. Sterling […] More

Further Decline in Sovereign Debt Yields and Share Prices

May 29, 2019

The ten-year U.S. Treasury yield dropped another 3 basis points, and sovereign debt yields of similar maturity slid a basis point overnight in Germany, the U.K., and Japan as well. Investors are bracing for slower global growth as trade protectionism intensifies. Share prices fell by a bit more than 1.0% in Japan, South Korea, France, […] More

Dollar Stages Moderate Rebound

December 21, 2018

Broad dollar gains overnight amount to 0.6% against the kiwi, 0.4% relative to the loonie and euro, 0.3% vis-a-vis the peso, Swiss franc, and yuan, 0.2% versus the Australian dollar and 0.1% relative to sterling. Dollar/yen is unbalanced. In the continuing follies that markets have come to expect from the U.S. government, Defense Secretary Mattis […] More

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