Shinzo Abe
Christmas Break
December 25, 2012
Financial markets are closed today throughout Europe and in the United States, Canada, Australia and New Zealand. The most notable exception was Japan, which opened after a three-day weekend observing the Emperor’s birthday. Many places will stay shut for Boxing Day tomorrow, such as Britain, Hong Kong, Australia, Canada, Greece and Italy. In Japan, an […] More
Yen at Six-Month Low; Euroland GDP Fell Modestly in 3Q
November 15, 2012
A lot of European data were released, but today’s main currency movement belongs to the yen. Dollar/yen rose 1.1% to a 6-month high of 81.16. The greenback rose 0.4% against the Aussie dollar but slipped 0.2% relative to the euro, Swiss franc, and loonie. Sterling is unchanged, and China’s yuan is softer. Stocks in the […] More
