Japanese industrial output
Volatile Market Session on Final Business Day of the Quarter and Amid Many Data Reports
June 29, 2018
Share prices climbed 2.8% in Hong Kong, 2.3% in Indonesia, 2.2% in China, 1.7% in Taiwan, but just 0.2% in Japan. In Europe, equities have risen 1.3% in Germany and France, 1.6% in Switzerland, 1.0% in Italy and 0.6% in the U.K.. The DOW shows a gain of slightly over 1.0% so far today. Another […] More
Awaiting a Likely Fed Rate Hike and Yellen’s Press Conference
December 14, 2016
The Fed’s announcement is due at 14:00 EST (19:00 GMT). A rate hike is like for the first time in a year. Chair Yellen’s press conference starts 14:30 EST. New forecasts will be unveiled. The dollar is down 0.3% against the euro and yen. Ten-year sovereign debt yields fell overnight by six basis points in […] More
Waiting for the Fed Announcement
October 29, 2014
The dollar and yen have slipped 0.4-0.5% against the euro, Swiss franc and Aussie dollar. Japan’s Nikkei and Hong Kong’s Hang Seng closed 1.5% and 1.3% stronger. Stocks are up 0.6% in Germany and Britain. The Japanese 10-year JGB fell a basis point to 0.45%, while the German bund and British gilt marked time. Oil […] More
Scent of Monetary Restraint Coming to the U.K.
June 13, 2014
The annual Mansion House Speech from Bank of England Governor Mark Carney suggested that the first hike of the central bank interest rate may happen sooner than markets are assuming and possibly before year-end. Actions against house price inflation appear imminent but will be introduced in a measured way. Three other central banks overnight left […] More
A Sea of Data Fails to Stir the Dollar
August 30, 2013
The dollar is unchanged against the euro, kiwi, yuan and sterling and down just 0.1% versus the yen, loonie, Australian dollar and Swiss franc. The big overnight news was a vote by Britain’s House of Commons not to participate in a military strike on Assad’s forces in Syria. This has made the U.S. response and […] More
