Japanese industrial production and unemployment

Trade Showdown and Many Data Releases

June 28, 2019

The Group of Twenty annual summit kicked off in Osaka and looms as a crossroads in the U.S.-Sino dispute over trade. Either the conflict gets diffused here, or retaliatory tariffs are likely to escalate sharply. Being the last business day of the second quarter and June, today’s data menu was plentiful. The dollar eased overnight […] More

First Quarter Ends with a Holiday and Released Japanese Data

March 30, 2018

Numerous markets around the world are closed for Good Friday/Easter, and many of these will not open again until Tuesday. The Jewish celebration of Passover begins tonight as well. The Japanese Nikkei ended the quarter with a 1.4% advance but still lost 5.8% for the quarter. Share price gains in China, South Korea, Taiwan, Thailand […] More

Monday Night Massacre, Lots of Released Data, and a BOJ Meeting

January 31, 2017

President Trump sacked Acting Attorney General Sally Yates late last night, who had refused to enforce his selective immigration ban, and replaced her with Dana Boente. The firing stirred recollections of Nixon firing of Eliot Richardson and Bill Ruckelshaus when they wouldn’t fire Watergate Special Prosecutor Archibald Cox in October 1973. In other U.S. political […] More

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