Japanese industrial production

Another Downturn in Stock Prices

March 31, 2020

Asian equities had a decent session with gains of 3.6% in India, 2.7% in Singapore, 2.2% in South Korea and 1.9% in Hong Kong, but Japan’s Nikkei closed down 0.9%. Conditions worsened in Europe, with equity market drops so far of 1.4% in France, 0.9% in Germany and 0.4% in France, and U.S. futures also […] More

Picking Apart the Pieces of Monday’s Rout

March 17, 2020

Stocks overnight did not fall as steeply as such had Monday in the United States. In the Pacific Rim, share prices fell 2.5% in South Korea, 2.9% in Taiwan, 5.0% in Indonesia, 2.3% in India, 1.7% in Singapore but just 0.3% in China. Equities rebounded 5.8% in Australia and 0.1% in Japan. European markets show […] More

Share Prices Tumble in Tandem with Proliferating Coronavirus Cases

February 28, 2020

Stock markets tumbled 3.7% in Japan and China, 3.6% in India, 3.3% in South Korea, 3.3% in Australia, 2.4% in Hong Kong and 3.2% in Singapore. Declines today in Europe so far exceed 2.5% in the U.K., Germany, France, Switzerland and Italy. Spain’s drop is almost there at 2.3%. 10-year sovereign debt yields plumbed deeper […] More

Soft Economic Data and China Balking on a Long-Term Trade Deal

October 31, 2019

Equity markets today are down 1.1% in India, 0.9% in the U.K., and 0.4% in China and Australia. 10-year sovereign debt yields also reflect a more cautious investor mood. Canada’s 10-year yield tumbled 15 basis points on Wednesday. Today, the 10-year German bund and British gilt yields are down 5 bps, and the U.S. Treasury […] More

Busy Session on Last Business Day of August

August 30, 2019

A heap of economic data have been released, but also the following important geopolitical developments have occurred. A Scottish judge denied a court challenge to block Prime Minister Johnson’s plan to suspend parliament for a couple of weeks and thereby prevent parliament from organizing to prevent a hard Brexit if no deal can be reached. […] More

U.S.-Sino Trade Relations Remains at Center Stage

August 15, 2019

The trade war between China and the United States rumbles on. While scheduled U.S. tariff hikes have been delayed to December, Beijing officials are not inclined to give the Trump Administration what it seeks and instead are preparing to retaliate in kind. A senior officials at the Reserve Bank of Australia expressed reservations about the […] More

Financial Markets Feeling the Strain of A Breakdown in International Trade Relations

May 31, 2019

President Trump is imposing a tariff on all U.S. imports from Mexico in retaliation of that country’s failure to contain the flow of migrants crossing into the United States. China is ramping up its response to President Trump’s recent protectionist acts against Chinese exports and especially the action against Huawei. U.S.-EU trade talks also have […] More

Several Japanese Data Reported but Investors Marking Time Ahead of U.S. Figures

April 26, 2019

Shortly before the first release of U.S. first-quarter GDP, the dollar showed no net overnight change against the euro, loonie or sterling. There were 0.1% upticks relative to the yen, Swiss franc and peso, a 0.1% downtick vis-a-vis the yuan and drops of 0.5% against the kiwi and 0.3% versus the Australian dollar. European share […] More

Quarter-End Finds Focus on Brexit, Sino-U.S. Trade Talks and a Data Shower

March 29, 2019

Today was to have been Brexit Day, but it appears the Prime Minister May’s plan will be defeated in parliament for a third time. More confusion ahead. The United States and Chinese trade talks haven’t yet sealed a deal, but one seems to be getting a lot closer. Many pundits on such matters doubt it […] More

Another Possibly Terrorist Shooting

March 18, 2019

As the last business week ended on Friday, investors learned of a terrorist shooting by a neo-nazi at a mosque in New Zealand that killed 50 people, and today brings news of another shooting some 11,670 miles away on a tram in The Netherlands that is also believed to be the work of a terrorist. […] More

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