Bernanke testimony

Hopeful Mood Persists

June 7, 2012

Share prices rose overnight in the Pacific Rim by 1.2% in Japan and India, 2.6% in South Korea, 1.3% in Australia, 0.9% in Hong Kong, 1.9% in Vietnam, and 1.1% in The Philippines.  In European markets, equities have risen 1.0% in Spain, 0.7% in Britain, 0.6% in France and 0.5% in Germany. 10-year sovereign debt […] More

Quiet Start to Groundhog’s Day — Eye on Bernanke

February 2, 2012

The dollar shows minimal overnight movement.  It’s up 0.2% and 0.1% against the Swiss franc and euro but down 0.1% relative to the yen, loonie, Aussie dollar, kiwi and yuan.  Sterling is stable against the greenback. There were some big stock market rallies in Asia, but European bourses show little change after poor Spanish labor […] More

Asian Stocks Fall as China Reopens

February 9, 2011

The end of China’s week-long Lunar New Year celebration saw equities decline by 1.4% in Thailand and Hong Kong, 1.2% in Indonesia, China, Taiwan and South Korea, and 1.0% in India.  The Chinese yuan, which had risen 0.6% during the break, reversed the move and returned to 6.594 per dollar. In other trading, the dollar […] More