British and French consumer confidence
With No Fresh Shift in Middle East Crisis, Market Attention Shifts to Resilient Corporate Earnings Reports
April 24, 2026
The dollar slid 0.1-0.2% overnight against major currencies but rose 0.5% against the beleaguered Indonesian rupiah. Major U.S. equity indices were lifted by better-than-presumed first-quarter corporate profits in firms such as Intel, HCA Healthcare and Procter & Gamble. Among stock exchanges in other countries, Japan’s Nikkei 225 closed 1.0% higher, while India’s Sensex fell 1.3%. […] More
Weak Yen, Better-Than-Expected Tech Earnings, and Bracing for U.S. PCE Data
April 26, 2024
The yen is currently trading near its overnight low of 156.86 per dollar, a trough not experienced since May 1990. The Bank of Japan’s Board meeting failed to raise interest rates further, kept planned monthly JGB purchases at around 6 trillion yen and failed to clarify a possible timetable for additional monetary policy normalization. Adding […] More
