British trade deficit

Stampede from Stocks Into Bonds Accelerates

February 9, 2016

Japan’s Nikkei-225 plunged more than 900 points overnight (5.4%), and the 10-year JGB yield fell below zero to -0.03%. Many other markets in Asia were closed for the Chinese New Year (year of the monkey). Stocks in Australia and India skidded 2.9% and 1.1%.  Compared to a month ago, the Shanghai Composite index has slumped […] More

Australian and New Zealand Dollars Strengthened Overnight

April 9, 2015

The Oz and kiwi each advanced 0.7% against the U.S. dollar, which otherwise firmed 0.3% against the Swissie and 0.1% versus the yuan, euro and sterling but fell by 0.3% relative to the loonie and 0.1% against the yen. Share prices advanced 2.7% in Hong Kong, 0.8% in Japan, and 0.6% in India but fell […] More