March and the First Quarter in Figures
March 31, 2014
Ten-year sovereign debt yields rose slightly in most of our survey during March but still posted significant declines in the quarter. There was again almost no movement at the short end. Oil and gold prices traced directionally opposite moves against one another in both March and 1Q.The dollar fell over 3% in March against the Australian and New Zealand dollars but advanced a bit against the yen and major European currencies. Net equity movement in the month were insignificant for the most part.
| 10-Yr Yield | 03/31/13 | Chg vs 02/28 | Chg vs End-2013 |
| U.S. | 2.72% | +7 Basis Points | -31 Basis Points |
| Germany | 1.56% | -6 | -36 |
| Japan | 0.63% | +5 | -10 |
| U.K. | 2.73% | +1 | -29 |
| Canada | 2.45% | +3 | -30 |
| Switzerland | 0.96% | -4 | -11 |
| 3-month euros | Chg vs 02/28 | Chg vs End-2013 | |
| U.S. | 0.23% | -1 Basis Point | -2 Basis Points |
| Euroland | 0.28% | +2 | +1 |
| Japan | 0.14% | 0 | -1 |
| U.K. | 0.52% | 0 | -1 |
| Canada | 1.17% | 0 | 0 |
| Swiss | 0.02% | 0 | 0 |
| FX | Pct Chg in USD | Pct Chg in USD | |
| EUR/USD | 1.3771 | +0.2% | +0.1% |
| USD/JPY | 103.22 | +1.4% | -2.0% |
| USD/CHF | 0.8844 | +0.6% | -0.9% |
| GBP/USD | 1.6662 | +0.5% | -0.6% |
| AUD/USD | 0.9267 | -3.7% | -3.7% |
| NZD/USD | 0.8679 | -3.3% | -5.2% |
| USD/CAD | 1.1050 | -0.2% | +4.0% |
| USD/CNY | 6.2164 | +1.2% | +2.7% |
| Equities | Chg vs 02/28 | Chg vs End-2013 | |
| S&P 500 | 1872 | +0.7% | +1.3% |
| Nasdaq | 4199 | -2.5% | +0.5% |
| Djia | 16458 | +0.8% | -0.7% |
| Dax | 9556 | -1.4% | 0.0% |
| Nikkei | 14828 | -0.1% | -9.0% |
| Ftse | 6598 | -3.1% | -2.2% |
| Canada TSE | 14335 | +0.9% | +5.2% |
| Swiss SMI | 8454 | -0.2% | +3.1% |
| Commodities | Pct Change | Pct Change | |
| Oil, $ per barrel | 101.58 | -1.0% | +3.2% |
| Gold, $ per ounce | 1283.40 | +3.5% | -3.4% |
Copyright Larry Greenberg 2014. All rights reserved. No secondary distribution without express permission.
Tags: bond yields, currency movements, gold, Oil, stocks
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