U.K. industrial production

Civilization Under Strain

October 10, 2017

Catalan is the latest place to see tribal forces running amuck. The separatist leader Carles Puigdemont appears poised to declare complete or perhaps qualified independence from Spain, setting the stage for more violence with Spanish police. The IBEX has declined 0.9%. The dollar is on its heels following holidays Monday in The U.S., Japan, Canada […] More

Investors Less Anxious

July 7, 2016

Investor around the world have grown more accustomed to the prospect of the U.K. leaving the EU. Share prices in the Pacific Rim rose 1.2% in Hong Kong, 1.1% in South Korea and 0.8% in Taiwan but slipped 0.7% in Japan. ┬áIn Europe, stocks have risen by 1.4% in Britain, 1.3% in France, 1.1% in […] More

Dollar Drifts Downward along with the Snow

December 10, 2013

Much of the U.S. is blanketed with the white stuff, including the Northeast which is experiencing wintry weather for a second straight day. The dollar fell overnight by 0.3% against the yen, 0.2% versus the New Zealand and Australian dollars and 0.1% relative to the euro, Swiss franc, loonie and sterling.  The Chinese yuan was […] More

Continuing Market Upheaval

August 9, 2011

Investors continue to wait in vain for governments and central banks to take action and stop the turbulence.  The FOMC meets today and will release a statement at 16:15 GMT amid speculation that QE3 will be undertaken, but no press conference is scheduled.  The ECB was again buying peripheral bonds today, and Spanish and Italian […] More

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