euro area sentiment
A Turn for the Worse in Ukraine and Lots of Data to Peruse
August 28, 2014
Pro-Russian rebels in Ukraine stepped up their attacks, seizing more territory. Ukraine’s prime minister called the act a de facto invasion by Russia. Harsher European economic sanctions on Russia appears the likely response. The main market reaction has been in stocks, bonds and gold, not the dollar The U.S. currency is unchanged overnight against the […] More
Wednesday Hinges on Three U.S. Releases
July 30, 2014
U.S. GDP is not expected to do more than reverse the first-quarter contraction, which would leave first-half growth flat. Annual data revision introduce extra uncertainty. The ADP estimate of private U.S. jobs growth in July will affect expectations of this Friday’s Labor Department monthly jobs report. At 18:00 GMT, the FOMC will release of the […] More
Firmer Stocks, Dollar and Yen
May 28, 2014
Share prices have risen 1.0% in China and South Korea, 0.7% in New Zealnad and Taiwan, 0.6% in Hong Kong, 0.4% in Indonesia, and 0.3% in Australia. In Europe, equities so far are up 0.8% in Italy, 0.3% in Spain, and 0.1% in Paris, London, Frankfurt and Zurich. The dollar is 0.1% softer against the […] More
Data Focus on Europe
April 29, 2014
European stocks have risen 1.5% in Italy, 1.2% in Germany, 0.9% in Spain, 0.5% in Britain and Switzerland and 0.5% in France. Equities in the Pacific Rim were mixed, with gains of 1.1% in China, 1.5% in Hong Kong, 0.7% in Taiwan and 0.6% in New Zealand but losses of 1.0% in Japan, 0.9% in […] More
A Market Dominated by Fiscal Cliff Perceptions
November 29, 2012
Investors want to believe that the full brunt of the U.S. fiscal cliff is going to be somehow averted. The evidence on that possibility continues to be mixed, but a better appetite for risk today is evident. Chinese share prices, down by a further 0.6% to a four-year low, have been an exception. However, worries […] More
Summit Time and the Living Ain’t Easy
June 28, 2012
Another summit of EU leaders has begun in Brussels amid dampened market expectations that anything very constructive will emerge to end the debt and banking crisis. German officials remain adamant in resisting new initiatives. Speculation continues that the ECB will cut interest rates next week. Just in is an announcement from the Czech monetary authorities […] More
Euro Above $1.3600
September 29, 2010
The dollar is 0.3% weaker against the euro, Australian dollar and Canadian dollar. The greenback also lost 0.2% against the yen and 0.1% relative to the Chinese yuan but edged up 0.1% versus the Swiss franc. Sterling and the kiwi are unchanged against the dollar. Equities rose 1.2% in Hong Kong, 1.1% in Thailand, 0.7% […] More
