Japanese GDP and current account
A Many-Sided Investor Gloom
September 8, 2020
The U.S. Labor Day holiday pause didn’t restore stability to tech stocks, which continue to look overpriced and are set to fall sharply again this Tuesday. Talks between the EU and British government over a post-Brexit trade deal and between U.S. Republicans and Democrats over a fiscal stimulus package remain totally stalled, and it looks […] More
Several Data Releases but Little Market Movement
December 9, 2019
Markets are mostly marking time ahead of numerous central bank meetings this week and Britain’s momentous election on Thursday. The dollar is trading very near its closing levels last Friday. The price of gold is 0.2% firmer. That of WTI oil is 0.5% softer. Stock markets closed 0.3% higher in Japan, South Korea and Australia […] More
Dollar Up and Some Eye-Catching Data Results
March 8, 2017
The dollar is trading higher, with gains of 0.6% against the Aussie currency, 0.5% relative to the yen, 0.4% versus the kiwi, 0.3% vis-a-vis the euro, loonie, peso and sterling, 0.2% against the Swiss franc, and 0.1% versus the yuan. The ten-year Treasury yield rose another four basis points. At 2.56%, such is 25 basis […] More
ECB Fails to Ease.. Several Japanese and Chinese Indicators Reported
September 8, 2016
The dollar fell overnight by 0.6% against the Australian dollar, 0.5% relative to the euro, 0.3% versus the Swissie, and 0.1% vis-a-vis the yen, loonie and sterling. The yuan is steady. Share prices around the Pacific Rim fell 0.7% in New Zealand and Australia and 0.3% in Japan but rose 0.6% in Hong Kong. In […] More
Soft Japanese and Chinese Economic Statistics
March 10, 2014
Soft Japanese and Chinese data sent stocks lower in the Pacific Rim, but European markets have strengthened. U.S. clocks were put an hour ahead, shortening the time difference between EDT and GMT to four hours but lengthening the differential between Tokyo and New York to 14 hours. The situation in Crimea remains very tense. China […] More