Japanese current account

Chinese, Japanese and German Trade Data Reveal Surprises

March 9, 2015

The risk-off trading environment that ensued after U.S. labor statistics were released Friday has continued. Share prices fell 2.1% in India, 1.3% in Indonesia and Australia, 1.0% in Japan and South Korea, and 0.9% in Taiwan.  The Chinese market’s 1.7% rise was an exception, reflecting hints the Premier Li that more stimulus in 2015 is […] More

Markets Watching Greece and China Anxiously

February 9, 2015

Who’s going to flinch first in the standoff over Greek debt.  Prime Minister Tsipras and his finance minister Varoufakis spoke more emphatically about a break with austerity.  The prime minister reaffirmed his campaign promises to boost the minimum wage.  Greece’s creditors continue to insist that there can be no watering-down of Greece’s debt obligations.  Greek […] More

Spotlight on Japan and APEC Meetings

November 11, 2014

Dollar/yen hit a new high for the move of 116.12 and shows a net overnight advance of 0.9%.  The yen also touched a low of 144.02 per euro. The Japanese Nikkei gained 2.1%, supplanting 17K to 17,124.  The ten-year Japanese JGB yield rose four basis points to 0.48%.  Greater optimism toward Japan’s outlook has followed […] More

Concern about World Growth and Fed Tightening Still Weighing on Stocks

October 8, 2014

Equities in the Pacific Rim closed down 1.2% in Japan, 1.5% in Indonesia, 1.0% in Taiwan, 0.7% in Hong Kong and 0.8% in Australia.  The reopened Chinese market after a week’s closure rose 1.1%, but that’s the exception.  Stocks in Europe are down by 0.9% in Switzerland, 0.8% in Germany, 0.7% in France, 0.6% in […] More

A Mixed Bag of Data Leaves Dollar Little Changed

July 8, 2014

The dollar edged up 0.1% against the euro and Swiss franc but has slipped by 0.3% versus the Australian and New Zealand dollars, 0.2% vis-a-vis the yen and 0.1% relative to the loonie.  Sterling and the yuan are steady. Stocks are mostly lower, with drops of 2.0% in India, 1.2% in Italy, 0.7% in Spain, […] More

Asian Equities Rally on Heightened Hopes of Chinese and ECB Support

May 12, 2014

Stocks in the Pacific Rim advanced by 2.4% in Indonesia, 2.2% in China, and 1.8% in Hong Kong.  Japan’s Nikkei slipped 0.4%, but share prices in Europe are up 0.8% in Germany and Italy, 0.4% in Spain, 0.3% in Britain, and 0.2% in Switzerland. Draghi’s press conference remark on Thursday that the Council is comfortable […] More

Several Japanese Indicators Released but Little Currency Movement this Monday

February 10, 2014

The dollar is unchanged against the euro, Swissie and loonie, up 0.4% against the Australian and New Zealand dollars, up 0.1% versus sterling and down 0.1% relative to the yuan and yen.  Emerging market currencies slid to start the week, including depreciations of 0.6% in the rand and 1.0% in Hungary’s forint. Share prices leaped […] More

Equity Sell-Off Continues

January 14, 2014

In Japan, whose market was closed Monday for Coming of Age Day, the Nikkei-225 slumped 490 points or 3.1%.  Equities in Europe are down 0.5% in Germany, 0.4% in Spain and France, 0.3% in Italy and 0.2% in Britain.  Other Pacific Rim stock markets recorded losses of 1.5% in Australia, 0.7% in New Zealand, 0.4% […] More

Depressed Yen

November 11, 2013

The yen at 99.20 is 1.0% weaker than the dollar, which otherwise shows dips of 0.2% against the Swiss franc and euro and 0.1% versus the kiwi.  The dollar is up 0.2% relative to the Australian dollar and 0.1% vis-a-vis sterling but unchanged against the loonie and yuan. Stocks overnight rose 1.4% in Hong Kong […] More

Firmer Australian Dollar after Data

October 8, 2013

The Australian dollar advanced 0.5% against its U.S. counterpart, buoyed by upbeat Aussie data showing a 1.1% jump in September job ads, a 31-month high in business confidence, and a 4-month high in business conditions.  Prospects for further monetary relief are fading in Australia. There’s no sign of any progress toward a U.S. budget deal, […] More

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