Japanese industrial production and retail sales
A Wide Mix of Data Reports on August’s Final Day
August 31, 2020
The dollar strengthened 0.5% against the yen, 0.3% versus the peso, and 0.2% relative to sterling but fell 0.3% against the euro and yuan, 0.2% vis-a-vis the loonie and Swiss franc, and 0.1% against the Australian dollar. British markets are shut for the late summer bank holiday. Share prices elsewhere advanced 1.1% in Japan but […] More
ECB Monetary Policy Review and Some Atrocious Economic Data
April 30, 2020
At a scheduled meeting of the European Central Bank Governing Council, officials left key interest rate unchanged (a 0.0% refinancing rate flanked by a -0.5% deposit rate and a 0.25% marginal lending rate). Quantitative stimulus (asset purchases) was not enhanced beyond last month’s parameters. Terms were relaxed on some lending operations, and a new series […] More
Share Prices Firm but Dollar Softer
December 27, 2019
The dollar recorded overnight declines of 0.6% against sterling, 0.5% versus the Australian dollar and Swiss franc, 0.4% relative to the euro and kiwi, 0.3% against the loonie and 0.1% versus the yen and peso. Most stock markets firmed. In Japan and China whose markets remained open all week, by contrast, share prices fell 0.4% […] More
Typical Monthend Deluge of Data
September 30, 2019
On this final day of September and the third quarter, the dollar and sterling rose somewhat against other major currencies. The dollar is up 0.5% against the Swiss franc, 0.4% relative to the euro and kiwi, 0.3% vis-a-vis the yuan, 0.2% versus the Australian dollar and peso and 0.1% against the yen and loonie. Sterling […] More
Monthend Data But Little Market Change Ahead of Tonight’s Speech by President Trump
February 28, 2017
The dollar is unchanged against the euro, yuan and peso, down 0.4% against the yen, but up 0.4% relative to the Swiss franc. The greenback edged up 0.2% versus the loonie and sterling and 0.1% vis-a-vis the Australian dollar. Stocks in the Pacific Rim closed up 0.4% in China, 0.3% in South Korea and 0.1% […] More
Favorable Japanese Data Releases
December 28, 2016
Markets that had been closed for holiday on Tuesday reopened but to a continuing trickle of data reports with the exception of Japan, where industrial production, auto output and retail sales were reported. Japanese industrial production climbed 1.5% in November, warranting an official trend upgrade to “picking up movement” from “shows signs of an increase at […] More
Softer Stocks, Oil, and Yen on Halloween
October 31, 2016
Share prices fell 0.6% in South Korea, 0.2% in Taiwan, and 0.1% in Japan and Singapore. Sharper equities in Europe show markets already down 0.8% in France and Italy, 0.6% in Spain and Switzerland, 0.5% in Greece, and 0.4% in the U.K. and Germany. OPEC minister failed over the weekend to secure any agreement on […] More
Week Starting Slowly
December 28, 2015
The British, Australian, Canadian and New Zealand markets are closed in observance of Boxing Day. The dollar is 0.7% stronger against the loonie but has slipped 0.4% relative to the euro. The U.S. currency has edged up 0.1% versus the yen, kiwi and sterling and gained 0.2% relative to the yuan and Aussie dollar but […] More
