Japan GDP

U.S. and Japanese GDP Growth Profiles Compared

August 12, 2013

Between the first and second quarters of 2013, real GDP expanded at annual rates of 1.7% in the United States and 2.6% in Japan.  This was the third consecutive quarter of positive Japanese growth following last year’s recession.  Over those three quarters, Japanese annualized growth of 1.8% also surpassed U.S. growth since 3Q12 of 0.7%.  […] More

Continuing Retreat of Swiss Franc

August 15, 2011

A press report that the Swiss National Bank is seeking permission from the government for it to impose a CHF/EUR ceiling generated further depreciation in the franc, which at overnight lows of 0.8000 per dollar and 1.1460 per euro was 11.7% and 12.1% below last Tuesday’s highs. Share prices in Asia and Europe overnight were […] More

Stronger Asian Stocks and Softer Euro to Start the Week

February 14, 2011

The euro and kiwi are down against the dollar by 0.7% and 0.6%.  Other major dollar pairs have changed no more than 0.1% since Friday‚Äôs close. Equities rose 3.2% in China, 2.7% in India, 1.9% in South Korea, 1.3% in the Philippines  and Hong Kong, 1.8% in Thailand, and 1.1% in Japan and Australia.  The […] More

Continuing Worries About Euro Area Sovereign Debt

November 15, 2010

The dollar has recovered another 0.5% against the euro and yen, 0.4% versus the Swiss franc and sterling, 0.2% against the kiwi and Canadian dollar, and 0.1% against the Chinese yuan.  The Aussie dollar bucked this trend with a 0.1% uptick against the greenback. Stocks were mixed in the Pacific Rim.  Equities climbed 1.1% in […] More

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