Japanese corporate goods prices
Week Starts with Two Surprises
May 14, 2018
The governor of the Bank of France, who serves on the ECB Governing Council as well, indicated that not only is the European Central Bank likely to end its program of asset purchases later in 2018, but also that an initial interest rate hike will probably be engineered sometime next year rather than be delayed […] More
Euro Rises on ECB Announcements
March 10, 2016
The ECB Governing Council announced a more aggressive package of stimulants than analysts were expecting. All ECB central bank interest rates including the main refinancing rate were lowered. The size of monthly quantitative asset purchases was increased 33% to EUR 80 billion and will run at least through end-2017. The types of eligible assets in […] More
Dollar Gains as Week Draws to a Close
May 15, 2015
The dollar advanced broadly overnight, appreciating by 1.3% against the Swiss franc, 1.1% relative to the Australian dollar, 0.5% versus the euro and loonie, 0.8% vis-a-vis the kiwi, 0.4% against the yen, 0.2% versus sterling and o.1% against the yuan. The Japanese Nikkei climbed 0.8%, but share prices fell 1.8% in China, 0.7% in South […] More