New Zealand producer prices
Case for Central Bank Authorities to Pause Tightening
February 21, 2023
With markets in the United States and Canada set to reopen following their 3-day weekends, ten-year sovereign debt yields have climbed today by 12 basis points in the U.K., 7 bps in the United States and Italy, and 4 basis points in Germany, France and Spain. The yield on the 10-year Japanese government bond is […] More
Fresh Bout of Weakness in Turkish Lira
August 17, 2018
The dollar was little changed on net overnight against the the euro, Swiss franc, sterling, yuan, Canadian dollar, Australian dollar or New Zealand dollar, but it jumped 4.8% against the Turkish lira. Turkey’s finance minister said capital controls or a deal with the IMF won’t been necessary. President Trump is considering additional tariffs against Turkey […] More
North American Holidays Dull Activity
February 20, 2017
The U.S. and Canada are closed for Presidents Day and Family Day. The dollar fell overseas by 0.4% against sterling. Britain’s House of Lords will be discussing whether to amend how Article 50, which will govern the Brexit process, is to be triggered. The dollar climbed half a percent against the rand. South African Finance […] More
Deja Vu
August 17, 2016
Wednesday’s been very quiet from a data release standpoint. Market trading has been dominated by Fed watching, which in the wake of remarks yesterday by Fed District Presidents Dudley of New York and Lockhart of Atlanta has markets pricing in much higher odds of a fed funds rate increase before yearend. They suggested a move […] More
