Investors Worried about Europe and China

June 25, 2012

The last week of June started on a down note, with softer share prices, bond yields, European currencies and oil prices.  There have been few data releases so far this Monday, but three U.S. indicators are scheduled. Press reports over the weekend claim that China’s economy has slowed more abruptly than official data imply.  According […] More

New Jitters About Euroland Peripherals

December 15, 2010

The dollar was buoyed as Moody’s flagged a risk that Spain’s Aa1 sovereign debt rating might get downgraded.  Greece was hit by more worker strikes today, disrupting transportation in that economy.  The U.S. currency rose 0.7% against sterling and the Australian dollar, 0.4% versus the euro and kiwi, 0.3% relative to the Swiss franc and […] More

Asian Stocks and Dollar Are Weaker

July 15, 2010

The dollar fell by 0.7% against the euro, 0.6% against the Swiss franc and sterling and 0.2% versus the yen and Canadian dollar.  The U.S. currency firmed 0.2% against the kiwi and 0.1% against the yuan and Australian dollar. Equities in the Pacific Rim lost 1.7% in China, 1.5% in Hong Kong, 1.1% in Japan, […] More

New Uneasiness About European Public Finances

June 16, 2010

Officials denied market rumors of a big aid package being forged for Spain.  German 10-year bund yields rose 3 basis points, and spreads of Spanish, Portuguese, and Greek sovereign debt yields above bunds have widened to 219, 295, and 651 basis points. The dollar advanced 0.3% against the euro and yen, 0.2% against the Canadian […] More