British industrial production
Currency Markets Quiet
August 7, 2012
The dollar has edged down 0.1% against the loonie, euro, Swissie, Aussie dollar and yuan. The greenback is unchanged against the kiwi, 0.3% lower versus sterling and 0.1% firmer relative to the yen. Share prices rose 1.1% in India and 0.9% in Japan overnight. Smaller equity gains were posted of 0.6% in New Zealand, 0.4% […] More
Some Hope Returns to the Market
July 10, 2012
News that the Eurogroup of Ezone officials announced plans for faster loans to Spanish banks pushed 10-year Spanish sovereign debt yields back to 6.90% from 7.07%. China’s trade surplus surpassed expectations in June. At $31.7 billion, such was easily the largest surplus of 1H12. There was a $68.8 billion surplus in the second quarter after […] More
A Nondescriptive June Tuesday
June 12, 2012
The dollar is unchanged against the euro and Swiss franc, up 0.1% versus the yen, and off 0.3% relative to the loonie and sterling and by 0.1% versus the yuan. Bigger drops of 0.8% and 0.5% have occurred against the New Zealand and Australian dollars. After Monday’s sizable drop in U.S. share prices, equities fell […] More
Spotlight on ECB
July 7, 2011
Markets are largely marking time ahead of the ECB and Bank of England rate decisions. The euro fell following Moody’s downgrade of Portuguese debt to junk status but is unchanged against the dollar overnight. The U.S. currency has risen 0.3% against the Swiss franc and 0.1% relative to the yen and sterling. The greenback is […] More
Fearful Markets
May 12, 2011
Commodities and stocks have been hammered. The dollar and yen are stronger. Investors fear a commodity market squeeze from higher margin requirements. Another worry is that European leaders may not agree to a larger aid package for Greece. Weak overnight data are meanwhile weighing on economic growth prospects. Then there is the fast-approaching end of […] More
Weaker Yen and Dollar
April 6, 2011
The dollar climbed above JPY 85.0 for the first time since last September 24, edging up 0.2%. The dollar otherwise lost 1.0% against the Swiss franc, 0.8% versus the kiwi, 0.5% relative to the Australian dollar and euro, and 0.3% against the Canadian dollar. The greenback is unchanged against sterling and the yuan. Stocks in […] More
Busy Data Calendar Except From the United States
March 10, 2010
The dollar is mixed, with very little change against the euro, Swissy and Canadian dollar, rises of 0.5% against the yen and 0.4% relative to sterling and declines of 0.6% and 0.3% against the New Zealand and Australian dollars. Stocks closed unchanged in Japan, Hong Kong and Australia. Equity gains were recorded of 0.8% in […] More
