Chinese Premier Li

Fed’s Inaction on Rising Long-Term Interest Rates Sends Dollar Higher

March 5, 2021

Investors had been hoping to hear some voiced protest against the steepening U.S. yield curve from Fed Chairman Powell’s speech yesterday, but it wasn’t to be. Powell expressed a lack of worry about the development, while reaffirming that Fed tightening is years away even if U.S. employment and price growth outpaces the path assumed by […] More

Quiet Monday Morning Ahead of a Busy Week

March 16, 2015

The dollar has slipped 0.4% against the kiwi, 0.3% versus the euro and sterling, 0.2% relative to the loonie and 0.1% against the Australian dollar but is unchanged vis-a-vis the Swissie and Japanese yen. No major market-moving data were released so far, but investors await several U.S. releases: industrial production and capacity utilization, the National […] More

Ukraine, China, Scortland and Fed Command Spotlight

September 10, 2014

A general cease fire is said to be still holding in the Ukraine despite sporadic breaches. Chinese Premier Li made reassuring remarks that policy changes are coming to buttress growth. The independence vote by Scots on September 18th appears close.  Opinion polls have given a slight edge to those favoring secession. A report is circulating […] More