British labor market statistics

Wait and See

September 12, 2023

Financial markets are marking time ahead of tomorrow’s ECB rate announcement and press conference and the release of U.S. consumer price, producer price and import price data later this week. In spite of speculation that the peak in central bank interest rates may be close at hand, there have been adverse surprises regarding corporate earnings. […] More

Dollar Extends Gains

August 16, 2022

In spite of some weak data, the dollar climbed another 0.3% overnight relative to the euro and on a DXY weighted basis. The greenback also strengthened 0.6% versus the yen, 0.8% vis-a-vis the kiwi, 0.4% against the Swiss franc and Australian dollar and 0.2% versus the peso, yuan, and sterling. U.S. equities had risen on […] More

Dollar and Stocks Continue to Slide

November 15, 2017

Dollar losses overnight amounted to 0.7% against the yen, 0.5% versus the euro, 0.4% vis-a-vis the Swiss franc and kiwi, 0.3% relative to the yuan, 0.2% against the peso and 0.1% versus sterling. The yen touched a 4-week high, and the euro moved back above its January 1999 starting level. Ten-year sovereign debt yields are […] More

Several Disinflationary Signs Around the World

April 12, 2017

Chinese consumer prices fell 0.3% on month in March and ┬áremained below a 1% 12-month trend at 0.9%. PPI inflation settled back to a 2-month low of 7.6%. U.S. import prices posted a monthly drop (0.3%) for only the third time in the past year and a smaller on-year advance of 4.2%. Non-fuel import price […] More

The June FOMC Meeting Has Arrived

June 17, 2015

This week’s FOMC decision (due today at 18:00 GMT) and Yellen press conference (starting 30 minutes later) have been eagerly awaited ever since monetary officials signaled that their data-driven policy could begin to raise the federal funds rate as early, but not before, the June meeting.  Analysts are not expecting that to happen but are […] More