Oil

Fresh Doubts about How Soon the Fed Will Raise Interest Rates

October 2, 2014

The European Central Bank holds its monthly policy meeting today.  Investors are not expecting significant new stimulus but remain guarded about that possibility.  Confidence over the past month has waned in the likely effectiveness of plans to buy asset-backed securities.  Euroland CPI inflation dipped further in September to 0.3% overall and 0.7% on core items.  […] More

September and 3Q in Figures

September 30, 2014

The dollar rose broadly and commodities fell in both September and the third quarter.  Ten-year sovereign debt yields rose in September but fell in the summer quarter.  Three-month euro deposit rates fell sharply in July-August but little further in September.  Other short-term interest rates held generally steady in the quarter. 10-Yr Yield 09/30/14 Chg from […] More

Markets Watching Sunni Insurgency in Iraq with Great Apprehension

June 16, 2014

Further violence in Iraq kept the WTI oil price near $107 per barrel, lifted gold by 0.5% to $1,280.90 per ounce, and raised the yen to 137.71 per euro, strongest since February 6.  Sterling is unchanged unbalance against the dollar but earlier surpassed $1.70 for the first time since August 2009, touching a high of […] More

March and the First Quarter in Figures

March 31, 2014

Ten-year sovereign debt yields rose slightly in most of our survey during March but still posted significant declines in the quarter.  There was again almost no movement at the short end.  Oil and gold prices traced directionally opposite moves against one another in both March and 1Q.The dollar fell over 3% in March against the […] More

October in Figures

October 31, 2013

Share prices strengthened in October with the notable exception of Japan.  Long-term interest rates subsided further, while short-term rates remained steady and well below the long rates.  The dollar closed narrowly mixed, and gold posted a minuscule dip.  Oil prices fell around 6% and swung back below $100 per barrel. 10-Yr Yield 09/30/13 10/31/13 Chg […] More

September and the Third Quarter in Figures

September 30, 2013

The dollar traded lower in September except against the yen.  Share prices advanced pretty strongly, and bond yields settled back, spurred by the Fed’s surprise decision not to taper just yet.  The prices of gold and oil fell.  During the third quarter, equities climbed, but the dollar eased against the currencies covered in this feature. […] More

May in Figures

May 31, 2013

May was a difficult month for commodity-sensitive currencies and ten-year fixed income securities.  The U.S. dollar rose against most currencies between the start and end of May. Abenomics, a Japanese policy strategy to keep long-term interest rates low, boost share prices and counter upward pressure on the yen, was challenged in May, which saw the […] More

March and 1Q13 in Figures

March 30, 2013

Short-term interest rates remained ultra-low in the first quarter of 2013.  The Federal Reserve retained an aggressive program of quantitative easing, while the Bank of Japan prepared to undertake an even more forceful monetary stimulus under new leadership.  A number of key equity markets performed very well, especially Japan’s where the Nikkei-225 index jumped almost […] More

September and 3Q12 in Figures

September 29, 2012

Aided by monetary stimulus, most long- and short-term interest rates fell during the third quarter including in September.  Impressive stock market rallies happened in 3Q except in Japan where the Nikkei lost 1.5% on balance.  The dollar fell across the board both in the latest month and quarter.  Gold and oil rose sharply in the […] More

March and 1Q12 in Figures

March 31, 2012

The dollar posted strong gains in March against the Australian dollar and yen but was narrowly mixed otherwise.  Sovereign bond yields rose, led by a 24-bp in the 10-year Treasury.  Three-month euribor rates sank sharply.  Most equities performed well, while strong January-February gains in gold and oil prices were reversed partly. 10-Yr Yield 03/30/12 Chg […] More

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