British industrial trends survey

Another Fairly Uneventful Day in the Market

November 19, 2019

The dollar and 10-year sovereign debt yields hardly changed overnight. Prices for WTI oil and Comex gold fell 1.0% and 0.3%. The main action of the day has involved equities. Stock markets in the Pacific Rim advanced 1.6% in Hong Kong, 0.9% in China, 0.7% in Australia, and 0.5% in Taiwan, India and Indonesia but […] More

Intensifying Global Move Out of Riskier Assets

October 23, 2018

Investors are getting squeamish for political and economic reasons.  Turkish President Erdogan again asserted that the Saudi killing of Khashoggi was premeditated. U.S. opinion polls suggest that with just 2 weeks left before the mid-term election, the pendulum is swinging back toward the Republicans, suggesting Trump may continue to control all branches of government. The […] More

A Collapse in Chinese Equities

July 27, 2015

An 8.5% drop in the Chinese Shanghai Composite Index was the biggest daily decline since February 2007 and depressed investor sentiment in other markets, where stocks fell 4.0% in Hong Kong, 2.4% in Taiwan, 2.0% in India, 1.8% in Indonesia 1.2% in Singapore and 1.0% in Japan.  In European trading, equities are down already by […] More

Spreading Hope over Greece Lifts Equities

June 23, 2015

Negotiators claim to have reached an agreement on the main principles regarding a Greek debt accord and express hope that a full deal can be worked out this week. Share prices are up 3.9% in Greece, 1.0% in Germany, 1.2% in France, 0.9% in Spain and Italy, 1.1% in Switzerland but just 0.1% in Britain. […] More