Japanese supermarket sales

Greece Offers New Proposal to Creditors

June 22, 2015

The dollar, European stocks and European bond yields are higher.  Greek P.M. Tsipras offered a new deal, which wasn’t outright rejected initially, to the heads of the IMF, EU and ECB.  EMU finance ministers meet later today in Brussels.  The offer has engendered new optimism that a default and Grexit can be avoided. Share prices […] More

Festering Geopolitical Tension and Mixed Purchasing Manager Survey Developments

March 24, 2014

The dollar opened unchanged against the loonie, kiwi, and sterling in the final week of the first quarter.  Itis up 0.4% against the Swiss franc, 0.3% versus the yen and 0.2% relative to the euro but down 0.3% against the Australian dollar. Despite another deterioration in Chinese manufacturing, Chinese equities and the yuan advanced by […] More