Japanese machinery orders

Mostly Firmer Dollar as Markets Eye U.S. Primaries and Upcoming FOMC and BOJ Meetings

March 14, 2016

There’s been a 12.7% devaluation of the Egyptian pound.  The U.S. currency has risen against a wide array of other emerging market currencies, too, as investors upgrade the probability of further Fed tightening before midyear. The dollar shows gains of 0.6% against the kiwi, 0.5% versus the Swiss franc and loonie, 0.4% vis-a-vis the euro, […] More

Dovish Remarks from a Federal Reserve President

February 17, 2016

Boston Fed President Eric Rosengren gave a speech overnight that warned of long-lasting effects on inflation from the plunge of energy prices and predicted that such could impeded efforts to raise U.S. interest rates.  Rosengren is one of the more dovish FOMC members. ECB Governing Council member Nowotny of Austria struck a very different tone, […] More

Central Banks, Data, and China All in the Spotlight

January 14, 2016

Following Wednesday’s U.S. stock market selloff, share prices fell 2.7% in Japan, 1.9% in Singapore, 1.6% in Australia, 1.0% in Taiwan, 0.9% in South Korea, 0.6% in New Zealand and 0.5% in Hong Kong.  Equities in Europe are currently down on the day by 3.2% in Greece, 2.8% in France, 2.7% in Germany, 2.4% in […] More

Dollar Weakens Pretty Much Across the board

December 9, 2015

Share prices in Asia and Europe are mostly lower, but a 0.4% uptick in China’s market is an exception.  Stocks fell 1.3% in India and Indonesia, 1.0% in Japan, 1.4% in Taiwan and 0.6% in New Zealand and Australia.  Equities in Europe have so far lost 3.8% in Greece, 1.1% in France, 1.0% in Switzerland, […] More

Aussie Dollar Rose and Oil Price Fell

November 12, 2015

Australia’s currency strengthened 1.0% against its U.S. counterpart on strong labor market data.  Australia’s jobless rate fell 0.3 percentage points to 5.9%, and 58.6K jobs were created last month, four times greater than anticipated. The U.S. dollar has otherwise climbed 0.3% against the euro and sterling, 0.2% versus the kiwi and loonie, and 0.1% relative […] More

Yuan Down Again But at a More Gradual Pace

August 13, 2015

The Chinese renminbi dipped only 0.3% today. The dollar is unchanged against the Swiss franc and Aussie dollar, up 0.6% against the loonie, 0.5% relative to the euro, 0.9% versus the kiwi and 0.2% vis-a-vis the yen and sterling. In Pacific Rim stock market action, the Shanghai Composite Chinese index recovered 1.8%.  Equities rose 2.3% […] More

China Situation Better, Greek Situation Still Ominous

July 9, 2015

The Shanghai Composite index of Chinese share prices jumped 5.8%, as officials imposed even more restrictions to prevent big sale orders and short selling in general.  Elsewhere in the Pacific Rim, stocks rose 4.5% in Hong Kong but fell 0.7% in Indonesia and Taiwan, 0.5% in New Zealand and Singapore and 0.4% in India.  The […] More

Across-the-Board Dollar Gain in Absence of Meaningful Data News

May 18, 2015

Relative to last week’s closing levels, the dollar has risen 1.2% against the kiwi, 0.9% relative to the loonie, 0.8% vis-a-vis the euro, 0.7% versus the Swiss franc, 0.6% against the Australian dollar , 0.4% versus the yen and 0.3% relative to sterling. The DOW opened comparatively steady, but share prices are down by 1.9% in […] More

Diving Chinese Trade Surplus Steals the Spotlight

April 13, 2015

China’s $3.08 billion trade surplus last month was 95% smaller than the average of $60.4 billion over the six prior months and the weakest monthly result since February 2014.  Exports recorded a 15% on-year drop instead of rising 10% as analysts were assuming.  Imports fell by 12.7% from the year-earlier level. There were also several bits […] More

Continuing Euro Support above $1.1300

February 12, 2015

The euro rose 0.2% against the dollar.  Despite persistent concerns about Grexit — Greece abandoning the common European currency or being thrown out by other members — the euro, now at $1.1342, repeatedly finds support whenever it dips under $1.13.  Greek debt talks have made very little progress.  They will resume next Monday, with creditors […] More

css.php