Euro area CPI and Unemployment

Hong Kong Upheaval and Quarter-End Deluge of Data

September 30, 2014

The euro touched a new low of $1.2571 overnight on this final day of the third quarter, down from $1.3693 at midyear.  Overnight net rises in the dollar amount to 0.7% against the euro and Swiss franc, 0.3% versus the yen and sterling, 0.2% relative to the loonie and 0.1% against the Australian and New […] More

Poor European Data Throw Investors into a Risk-Off State of Mind

January 31, 2014

Share prices lost yesterday’s traction and have so far fallen 1.3% in Germany, 1.1% in France, 1.0% in Britain, Switzerland and Spain, and 0.9% in Italy. Most Asian bourses were shut for the Lunar New Year.  The celebrations of the Year of the Horse last five days in China. Japan’s Nikkei lost another 0.6%, falling […] More