Deeper Analysis
December, 4Q12, and 2012 in Figures
January 2, 2013
Fiscal cliff worries depressed the dollar but did not prevent a rise of equities in December. Stocks also posted gain in 2012 as a whole. For the year, interest rates fell both in short and long maturities, particularly in Germany. The dollar rose nearly 13% in 2012 but lost ground otherwise. Gold climbed 7% from […] More
Deeper Analysis
U.S. Minus Ezone Factory PMI Spread Widened Last Month
January 2, 2013
The U.S. manufacturing purchasing managers index increased 1.2 points to 50.7 in December despite a 1.1-point drop in the production sub-index and an unchanged reading in new orders. December’s score the third reading in the past four months to be above the no-change threshold of 50.0. In June, July and August, by contrast, the PMI […] More
New Overnight Developments Abroad - Daily Update
Markets Relieved as House Approves Senate Fiscal Bill
January 2, 2013
The Japanese, Swiss and New Zealand markets remained closed, but other countries began their new year today. The dollar hit a low of 1.3300 per euro and a high of JPY 87.36 in this first session of 2013. EUR/YEN touched a high of 116.02. Compared to 2012 closing levels, the dollar has risen 0.3% against […] More
