Chinese reserves
Dollar Mostly Higher but Only Slightly So
March 7, 2017
The dollar shows overnight gains of 0.3% against the Swiss franc and sterling, 0.2% relative to the kiwi, and 0.1% vis-a-vis the yen, loonie and euro. The dollar fell 0.5% against the peso and 0.2% versus the Australian currency. The yuan is steady after unexpected news that Chinese international reserves, which in January dipped under […] More
Stronger Dollar and a Few Central Bank Policy Meetings
February 7, 2017
The theme of tightening Fed policy and looser U.S. fiscal policy returned to the fore, lifting the dollar overnight by 1.1% against the euro, 0.8% versus the Swiss franc, loonie and sterling, 0.6% relative to the yen, 0.5% against the Australian dollar, 0.4% versus the Mexican peso and 0.3% vis-a-vis the New Zealand dollar and […] More
Stocks, Euro, and Several Metals Fall as Week Begins
March 7, 2016
The dollar has strengthened 0.7% against the Swiss franc and kiwi, 0.4% relative to the euro and sterling, and 0.2% vis-a-vis the Aussie dollar. The yen is up 0.3% against the dollar. Offshore yuan weakened relative to the officials in-country quote, which is unchanged against the dollar. Stocks fell 0.6% in Japan, 0.5% in Singapore, […] More
Intensifying Market Volatility
January 7, 2016
What’s hot: Traditional hard currencies like the yen, euro and Swiss franc. Also Treasuries and other sovereign debt. Also gold. What’s cold: Oil and other commodities. Commodity currencies, the renminbi, sterling and the dollar. Equities and other risky assets. Market movements: The dollar has appreciated 1.2% against the Australian dollar, 0.6% versus the yuan, 0.5% […] More
Intensifying Market Volatility
January 7, 2016
What’s hot: Traditional hard currencies like the yen, euro and Swiss franc. Also Treasuries and other sovereign debt. Also gold. What’s cold: Oil and other commodities. Commodity currencies, the renminbi, sterling and the dollar. Equities and other risky assets. Market movements: The dollar has appreciated 1.2% against the Australian dollar, 0.6% versus the yuan, 0.5% […] More
No Trouble So Far This Friday the 13th
January 13, 2012
There’s a good buzz in the market about the success of recent European bond auctions. More auctions today in Italy were well subscribed and resulted in lower yields. The yields on 10-year German bunds, British gilts and Japanese JGBs slipped by four, two and one basis points. The Paris Cac, German Dax and British Ftse […] More
