Japanese PPI

Peso Panic and Some Deescalation of the U.S.-Sino Trade dispute

August 13, 2019

Sunday’s primary election in Argentina served notice that populism is making a big comeback there and has generated a stampede out of the peso (down nearly 22%) and local stocks, whose share prices tumbled nearly 50% and by the second largest day-to-day slump in seven decades. Investors fear a return to protectionism and other state […] More

Euro Sinks 0.6% to 16-Month Low of $1.1240

November 12, 2018

The optics went very poorly for U.S. President Trump at centennial WWI Armistice observances in Paris, where he had to scrap a cemetery visit, was left out of other shared activities, heard a sharp rebuke of nationalism by French President Macron, and endured a stream of troubling political developments happening back in Washington. Currency markets […] More

A Pause in the Action

September 13, 2017

Movements in stocks, the dollar, and sovereign debt instruments have been minor so far today especially compared to those earlier in the week. The most significant action has been a drop in copper (1.5%) and other industrial metals. The dollar slipped 0.3% against the Australian and Canadian dollars, 0.2% versus the euro and 0.1% vis-a-vis […] More

Dollar Up, Stocks Down on MLK Holiday

January 16, 2017

The United States is observing Martin Luther King’s birthday. The stock exchange and banks will be closed. But President-Elect Trump continues to make lots of news. In a wide-ranging interview with the European press, Trump did not back away from well-rehearsed previous themes. NATO is outdated. The U.S. will not remain its prime financier. Radical […] More

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