British labor market data
Dollar Strengthens Amid Bad Vibes from Ceasefire Talks and Tense U.S. Politics
May 19, 2026
In there deepening impasse, the U.S. and Iranian negotiators have seemingly moved further away from any willingness to compromise their demands. Trump claims to have postponed a planned obliteration of Iran to give peace one last chance, but Iranian negotiators treated his revelation as a bluff. Trump, too, seems to be holding fewer cards, as […] More
Equities and Dollar Unmoved by Fast-Approaching War Deadline
April 21, 2026
The dollar rose 0.1-0.2% overnight. Equities in Asia closed up 2.7% in South Korea, 1.8% in Taiwan, 1.0% in India, and 0.9% in Japan and Singapore. In Indonesia where a 2-day monetary policy review began amid concerns about depleted international reserves, share prices bucked the upward trend and closed 0.5% lower. Stock markets are up […] More
Various Data Results and Another Step Closer to Ending the U.S. Federal Government Shutdown
November 11, 2025
Today’s 107th anniversary of the Armistice that ended the First World War is being observed in the United States as Veteran’s Day and in France as Remembrance Day. Banks there will be closed, but stock markets are open. A wide range of economic data have been reported, including British labor market figures, the German ZEW […] More
Risk Aversion in Spite of Gaza Ceasefire and Trump’s “It Will All Be fine” Comment on Trade Tensions
October 14, 2025
Equity markets and long-term sovereign debt yields faltered anew this Tuesday. China is lifting port fees against U.S. imports and accusing Trump of reigniting trade tensions between the two countries. In the middle east conflict, hostages and prisoners have been returned, but ensuing steps to cement a permanent peace in the region are being met […] More
Perverse Reaction of Australian Financials After First RBA Rate Cut Since November 2020
February 18, 2025
The Reserve Bank of Australia’s Official Cash Rate has been cut by 25 basis points to 4.1% after being held at a peak of 4.35% since November 2023. The reduction size met analyst expectations but was accompanied by a statement with loads of cautionary rhetoric and assertions that a restrictive stance is still needed. In […] More
Day One
January 21, 2025
President Trump’s transactional and zero-sum approach to domestic and foreign policy appears to have been validated in financial markets on his first day back in the White House. The dollar appreciated 1.2% against the Mexican peso, 0.9% versus the Canadian dollar, 0.8% relative to the Australian and New Zealand dollars, 0.6% relative to sterling, and […] More
Treading Water Ahead of Tonight’s Harris-Trump Debate and Price Data Later in the Week
September 10, 2024
Yesterday’s equity rise was about bottom-fishing. That momentum in financial markets has now dissipated as investors await fresh cues. Overnight net dollar movements were minimal, limited to 0.1% upticks against the Canadian dollar, Chinese yuan and Mexican peso and downticks of 0.2% relative to the Swiss franc, New Zealand dollar and sterling and of 0.1% […] More
Hotter-than-Predicted U.S. CPI Data Elicit Adverse Market Reaction
February 13, 2024
U.S. consumer price inflation unexpectedly remained above 3.0% in January. A 0.3% monthly increase was the most since September, and the 12-month rate of increased slowed less sharply than forecast, returning to November’s 5-month low of 3.1% but showing no net improvement since 3.0% recorded last June. U.S. core consumer prices, which exclude food and […] More
U.S. CPI Figures about to Be Released
November 14, 2023
Analysts expect to learn of a further dip in U.S. inflation last month shortly. While waiting for confirmation, financial markets around the world marked time overnight. Dollar changes against other major currencies were held to plus or minus 0.2%. U.S. stock futures are likewise steady. Share prices in the Pacific Rim closed up 0.3% in […] More
Euroland & Japanese GDP Released Before U.S. Consumer Prices
February 14, 2023
On this significant data release day, investors already have perused fourth-quarter GDP figures for many economies, British labor market statistics, and Swiss and Indian producer prices. Now they await the January U.S. CPI report. In financial market action, the dollar fell overnight by 0.6% against sterling, 0.4% versus the euro, 0.3% relative to the Australian […] More
