North Korea

Risk Off Investor Mood

August 10, 2017

Gold has inched closer to $1,300 per ounce, climbing 1.0% overnight to $1,292.60 per ounce. The dollar fell another 0.6% against the yen, touching an 8-week low against that currency. The dollar also dropped 0.4% relative to the yuan but booked marginal gains versus the euro, Swissy, loonie, and Aussie dollars. A bigger advance was […] More

Awaiting North American Jobs and Trade Data

April 5, 2013

Most stocks are weaker.  The dollar is little changed, and there’s been a big rise in Japanese long-term bond yields. The dollar eased 0.3% against the yen and has edged up 0.1% relative to the euro, Swissie, sterling, and Canadian, Australian, and New Zealand dollars.  The yuan is unchanged. Worries about a hostile North Korea […] More

Dollar and Sterling Lower

December 29, 2010

As end-2010 approaches, the dollar fell overnight by another 0.9% against the yen, 0.6% against the kiwi, 0.4% versus the Australian dollar and 0.1% relative to the Canadian dollar.  There was no further change against the Swiss franc or euro and a gain of 0.8% relative to sterling.  Over the past week since December 22, […] More

All Quiet Except in Korea

December 23, 2010

The dollar has lost 0.7% against the yen and 0.5% versus the Australian and New Zealand dollars but is otherwise very steady with no change against the euro, yuan, and Canadian dollar, a 0.1% uptick against the Swiss franc and a 0.1% downtick versus sterling. Japanese markets were closed to commemorate the Emperor’s birthday.  North […] More

Stocks Up on Lessening Korean Tensions

December 21, 2010

Solid stock price advances have occurred in the Pacific Rim and Europe.  Gains amounted to 2.2% in China, 1.9% in Indonesia, 1.5% in Japan, 0.9% in India, 0.8% in South Korea and Australia, 0.7% in Thailand and Taiwan and 0.6% in New Zealand and so far in France and Germany.  The British Ftse is trading […] More

Markets Rattled by Two Persistent Risks: Korea and Ezone Debt

November 26, 2010

The dollar advanced sharply against the euro and commodity-sensitive currencies, with gains of 1.9% against the Australian dollar, 1.6% versus the kiwi, 1.4% relative to the Canadian dollar and 1.2% against the euro.  Other dollar rises overnight were much milder: 0.5% against sterling, 0.3% against the yen, 0.2% vis-a-vis the Swiss franc and no change […] More

Spike in Risk Aversion Lifts Dollar

November 23, 2010

North and South Korea exchanged artillery shells on the disputed island of Yeonpyeong with casualties reported.  Stocks in the Pacific Basin slumped in response by 2.7% in Hong Kong, 2.0% in China and Singapore, 1.7% in Indonesia, 1.3% in India, 1.2% in New Zealand and Australia, 1.0% in Malaysia and 0.8% in South Korea.  Japanese […] More

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