Japanese customs trade surplus

Euro See-Saws After German Coalition Talks Break Down

November 20, 2017

In Germany’s national parliamentary election on September 24, the center-right Christian Democratic Party of Chancellor Angela Merkel won it smallest share of the vote since 1949, but its center-left grand coalition partner, the Social Democratic Party, also suffered big losses and got its smallest voter share since the Second World War. The SDP had ruled […] More

Dollar Retreats but European Stocks Rise Strongly

January 25, 2017

The dollar fell 0.6% against sterling, 0.5% relative to the yen, 0.4% vis-a-vis the loonie and kiwi and 0.3% against the euro, Swiss franc, yuan and Mexican peso. Yesterday’s tightening of Turkish monetary policy had a perverse effect on the lira, convincing investors that the currency is so vulnerable that more monetary restraint will be […] More