Japanese machinery orders and PPI
U.S. CPI, Russian Capital Controls & Revealing Minutes From the ECB Governing Council Meeting
October 12, 2023
The dollar largely marked time prior to the 08:30 EDT release of U.S. consumer price data, losing 0.2% versus the Swiss franc, dipping 0.1% against the yen and as measured by the weighted DXY index, holding unchanged against the euro and sterling but advancing 0.1% against the Canadian and Australian dollars. The biggest move was […] More
Wednesday Double Feature: U.S. CPI Release & Publication of Fed Beige Book
July 12, 2023
Stock markets overnight fell 0.8% in Japan and China but in Europe thus far have climbed by 0.5% (Spain) to 1.2% (Germany). Yesterday’s U.S. share price gains have been modestly extended by U.S. futures. Ten-year sovereign bond yields are lower by 4 basis points in the U.K. and Italy, 3 basis points in France and […] More
Awaiting Another Key Vote on Brexit
March 13, 2019
Yesterday’s British parliamentary vote on Prime Minister May’s revamped Brexit deal saw around 40 MPs flip from having voted no in January to now accepting the arrangement. The deal was nonetheless easily rejected by 391 nays to 242 yes votes. Today’s key vote asks MPs for approval for the U.K. to leave the EU after […] More
Global Market Turmoil Fanned by Intensifying Concern over Clinton’s Health
September 12, 2016
West Texas Intermediate crude oil dived 2.1% and is trading back below $45 at $44.94 per barrel. Gold dipped 0.4% to $1,328.60 per ounce. Japan’s Nikkei slumped 1.7%. Other stock markets around the Pacific Basin fell 3.8% in Hong Kong, 2.7% in New Zealand, 2.2% in Australia, 2.3% in South Korea, 1.9% in China, 1.7% […] More
