euro area trade balance

Another Possibly Terrorist Shooting

March 18, 2019

As the last business week ended on Friday, investors learned of a terrorist shooting by a neo-nazi at a mosque in New Zealand that killed 50 people, and today brings news of another shooting some 11,670 miles away on a tram in The Netherlands that is also believed to be the work of a terrorist. […] More

Stocks Recover Further, While Bond Prices and Dollar Move Lower

February 15, 2018

Japan’s Nikkei jumped 1.5%. A number of other Asian markets (China, Taiwan, Hong Kong, and Singapore did not open because of the Lunar New Year holiday. Share prices in Europe are so far up today by 1.5% in France and Greece, 1.0% in Italy, 0.8% in Spain, 0.7% in Germany and 0.6% in the U.K.. […] 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

Yen and Rupee Firm

May 16, 2014

The yen remains well-bid to the detriment of Japanese stocks.  The Nikkei lost 1.4% overnight.  The yen touched highs of 138.78 per euro and 101.39 per dollar. In Indian lower house elections, a coalition headed by the pro-business Bharatiya Janala Party won 60 more seats than needed to secure a majority.  This was the most […] 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