British construction PMI

Difficult Session for Indian Stocks and the Rupee… Key Vote on Brexit… Florida Watching Dorian Warily

September 3, 2019

The Sensex index of Indian share prices fell 2.1%, its worst daily session of 2019, and the rupee has fallen over 0.5% against the dollar. Investors reacted to a 6-year low in Indian on-year GDP growth and a 15-month low in the economy’s manufacturing purchasing managers index. British MPs in the House of Commons across […] More

Upbeat Investor Mood in Spite of Vegas Tragedy

October 3, 2017

The dollar rose overnight by 0.3% against the yen and kiwi, 0.2% relative to the peso and 0.1% vis-a-vis the Australian dollar. The dollar also drifted 0.2% lower against the euro and 0.1% versus the loonie and Swiss franc. Both gold and oil slipped 0.2% overnight. The Chinese, German and South Korean markets are closed. […] More

Australian Dollar Softens on Plunge in Exports to China

July 2, 2014

The U.S. currency climbed 0.4% against the Australian dollar but is otherwise hardly changed overnight. Australian exports dropped 4.6% in May, thanks to a 12% plunge in shipments to China.  Aussie imports were 0.6% lower on month, and the trade deficit of 1.9 Aussie dollars was the largest shortfall since November 2012.  April had experienced […] More

Investors Less Risk Averse Than on Monday

March 4, 2014

Russia’s military exercise has ended, but about 16,000 of its troops remain in Crimea.  Stock markets that were hard hit yesterday have rallied on hope that the Ukraine conflict won’t degenerate further and that war with Russia can be avoided. In Europe, equities have risen 2.6% in Italy, 2.3% in Germany, 2.5% in France, 1.8% […] More

Nikkei Plunges 4.2%, Greatest Daily Decline since August 16th

February 4, 2014

With Chinese markets still closed for the Lunar New Year, share prices fell 4.2% (or 611 points) in Japan, 2.9% in Hong Kong, 1.8% in Australia, 1.7% in South Korea, 1.0% in New Zealand, and 0.8% in Singapore and Indonesia.  In Europe, the German Dax is down 1.0%, but many other markets have only moderate […] More