U.S. CPI

Benign Data and Market Action

August 19, 2015

The dollar did not change on balance overnight against the euro or sterling.  Other changes were mute, too, including a 0.1% uptick versus the yen. Share prices are mostly softer.  Ten-year sovereign debt yields are unchanged in the U.S., Germany, Japan and Britain. WTI oil slipped 0.8% to $42.30 per barrel.  Comex gold firmed 0.4% […] More

Lingering Doubts about the Greek Deal and China’s Economic Prognosis

July 17, 2015

Greek banks will reopen next Monday.  A number of European parliaments, including the Germany Bundestag, are presumed likely to vote today on approving a third bailout, this time of EUR 86 billion.  All eurozone members must agree on this for the deal to pass.  Finland has already done so.  Despite this progress, grave doubt continues […] More

Memorial Day Weekend Finds Spotlight on BOJ, China and Germany

May 22, 2015

U.S. markets will be closing early ahead of the Memorial Day Weekend. The dollar strengthened overnight by 0.8% against the euro and Aussie dollar, 0.7% relative to the Swiss franc and loonie, and 0.2% vis-a-vis the yen and sterling.  The kiwi is unchanged. West Texas Intermediate oil fell back under the $60 threshold to $59.82 […] More

Focus on Lessening Inflation

October 22, 2014

The latest monthly economic assessment from Japan’s government downgraded its view on consumer prices from “rising moderately” to “rising at a slower tempo recently.”  The overall view of the economy also was downgraded to “is on a moderate recovery, while weakness can be seen recently.” Australian third-quarter consumer price data revealed the smallest quarter-on-quarter rise […] More

Tuesday Highlights

August 19, 2014

The dollar, equities, and sovereign debt yields rose. Perceived geopolitical risks lessened. New Zealand producer prices recorded their greatest quarter-on-quarter drop since 3Q12, and government officials revised growth and inflation forecasts slightly downward for New Zealand. British CPI and PPI inflation decelerated more than expected in July. Euroland recorded current account surpluses in July of […] More

Spain Gets More Bad News

June 14, 2012

The dollar has declined 0.8% against the kiwi, 0.5% versus the loonie, 0.4% relative to the Australian dollar, and 0.2% relative to the euro, Swissie, and sterling.  The yuan is steady. Share prices dropped 1.2% in Hong Kong and India, 1.8% in Indonesia, 1.7% in the Philippines, 0.8% in China, 0.5% in Australia and Singapore, […] More

css.php