Australian labor statistics
Another Down Day Looms in U.S. Equities
May 20, 2021
U.S. stock indices fell on the first three trading days of this week, and futures point to a further slight loss at the open. FOMC minutes from the April 27-28 meeting revealed some committee members itching to begin considering a discussion on when to start tapering stimulus if U.S. data continue to show rapid improvement […] More
Stock Markets Around the World Battered Further
May 14, 2020
Hope has dissipated that the pandemic will be contained soon. Global cases surpassed 4.45 million, and the death toll is approaching 300,000. Social distancing is expected to be necessary to some extent at least through the end of the year, and world economic activity as a result will struggle to regain upward momentum. Risk aversion […] More
Little Overnight Change in the Dollar but European Stocks Firming Further
May 16, 2019
The dollar shows no net change against the euro, Swiss franc, Australian dollar, or yuan. The greenback has risen 0.2% against sterling and 0.1% relative to the yen but is down 0.3% versus the loonie and peso and 0.2% against the kiwi. European equity markets have thus far today risen 0.9% in Switzerland, 0.7% in […] More
Much To Watch Just before the Holiday
April 18, 2019
The Good Friday/Easter holiday break is ordinarily one of the quietest times for foreign exchange, but investors this year have a great deal of news to absorb before getting away: the promised redacted Mueller Report, preliminary April purchasing manager survey results, British retail sales, Australian labor statistics, German producer prices, Swiss trade, and a central […] More
Down Goes the British Pound
November 15, 2018
With British Prime Minister Theresa May facing a vote of no confidence and several of her cabinet ministers resigning in protest against her Brexit deal, sterling slumped 1.5% overnight against both the dollar and euro. Weak British retail sales data were also released today, showing an unexpected 0.5% on-month drop in total sales (+2.2% on […] More
Stronger Dollar, Weaker Equities, Softer Gold Price But Rebound in Oil
July 19, 2018
The dollar climbed overnight by 0.8% to a one-year high against the Chinese yuan. The greenback also gained 1.0% relative to the kiwi, 0.9% vis-a-vis the peso, 0.8% versus the Australian dollar, 0.6% against sterling, 0.5% versus the loonie and 0.3% against the euro and Swiss franc. Dollar/yen is unchanged. Stocks dropped 0.9% in Hong […] More
Little Change Overnight in Most Dollar Forex Values
May 17, 2018
Against other major currencies, the dollar is unchanged against the loonie and yuan, up 0.1% relative to the euro, Swiss franc and kiwi, up 0.3% versus the yen, but down by 0.1% against the Australian dollar and sterling. Bigger dollar moves have occurred against emerging market currencies. The greenback dropped 0.3% against the Indonesian rupiah […] More
Stocks Recover Further, While Bond Prices and Dollar Move Lower
February 15, 2018
Japan’s Nikkei jumped 1.5%. A number of other Asian markets (China, Taiwan, Hong Kong, and Singapore did not open because of the Lunar New Year holiday. Share prices in Europe are so far up today by 1.5% in France and Greece, 1.0% in Italy, 0.8% in Spain, 0.7% in Germany and 0.6% in the U.K.. […] More
A Better Market Tone
November 16, 2017
There’s been a respite from the recent slide of equities. Japan’s Nikkei closed 1.5% higher, and the German Dax and Paris Cac are up 0.5% and 0.6%. The dollar shows mixed overnight changes, with drops of 0.6% against the Swissie, 0.2% relative to the peso and sterling and 0.1% versus the loonie but upticks of […] More
Euro Strengthens With ECB in the Spotlight
July 20, 2017
The euro advanced 0.6% against the dollar and is not far beneath $1.16. The dollar otherwise climbed 0.4% relative to sterling, 0.3% versus the yen and Aussie dollar, 0.2% relative to the yuan and 0.1% versus the peso. The dollar dipped 0.1% against the Swissy and loonie. WTI crude oil rose 0.4% to $47.31 per […] More
