Chinese industrial production

Mostly Firmer Dollar as Markets Eye U.S. Primaries and Upcoming FOMC and BOJ Meetings

March 14, 2016

There’s been a 12.7% devaluation of the Egyptian pound. ┬áThe U.S. currency has risen against a wide array of other emerging market currencies, too, as investors upgrade the probability of further Fed tightening before midyear. The dollar shows gains of 0.6% against the kiwi, 0.5% versus the Swiss franc and loonie, 0.4% vis-a-vis the euro, […] More

Aussie Dollar Hammered by Chinese Data

September 15, 2014

The Australian dollar fell by 0.8% against its U.S. counterpart, which otherwise edged up 0.2% versus the euro and Swiss franc and 0.1% relative to the Chinese yuan and sterling but also slipped 0.1% vis-a-vis the yen, Canadian dollar and kiwi. A lot of Australian exports go to China, which reported only a 6.9% year-over-year […] More

Hold Your Fire! Hold Your Fire!

September 10, 2013

A diplomatic solution suggested by Russia appears to be shaping up that would avert a U.S. military strike on Syria.  Markets welcomed the development as well as news of better-than-forecast Chinese data. Share prices increased 4.0% in Indonesia, 3.8% in India, 1.6% in the Philippines, 1.4% in China, 1.5% in Japan, 1.2% in Singapore and […] More

Investors Breath Sigh of Relief

September 13, 2010

Stocks, sovereign bond yields, and commodities are higher, while the dollar is lower.  The People’s Bank of China did not raise interest rates, and the weekend’s agreement on Basel III produced decisions that did not surprise investors and seem manageable. The dollar has lost 0.7% against the euro and Australian dollar, 0.5% versus the Canadian […] More