U.S. pending home sales
Immediate Market Reaction to Omicron Trimmed Back but Only Partially
November 29, 2021
It will take a week or two before a clearer picture emerges of the Omicron Variant and investors have a better understanding of key questions such as the protection existing vaccines provide to the new mutation. Markets had reacted very adversely on Friday to first learning about Omicron. Today has seen a partial reversal of […] More
Dollar Down Even as Stocks Continue to Rise
July 31, 2017
Lots of economic data were reported today. The dollar and U.S. share prices diverged in direction on the final day of July as they had done much of this month. The dollar lost 0.3% against the euro, Swissy and sterling, and it fell 0.2% against the yuan and 0.1% relative to the yen. The never-ceasing […] More
Month Ending with Usual Flurry of Data Reports
November 30, 2015
Overnight dollar movement ranges from declines of 0.9% against the kiwi, 0.6% versus the Aussie dollar, 0.2% relative to the loonie and 0.1% vis-a-vis the Swiss franc to rises of 0.5% against sterling and 0.2% versus the yen and euro. The DJIA has dipped 0.2% so far. The Ftse is off 0.1%, but the German […] More
UN/U.S. Missile Strike in Syria Appears Just a couple Days Away
August 28, 2013
Markets continue to be rattled by the additional uncertainty of what escalating western military involvement in Syria will cause. Although opinion polls show four in five Americans opposed to military retaliation, a missile attack by Thursday is believed likely. Share prices fell 3.0% in the Philippines, 2.5% in Vietnam, 1.6% in Hong Kong, 1.5% in […] More
