Euroland construction output and current account

Another Fairly Uneventful Day in the Market

November 19, 2019

The dollar and 10-year sovereign debt yields hardly changed overnight. Prices for WTI oil and Comex gold fell 1.0% and 0.3%. The main action of the day has involved equities. Stock markets in the Pacific Rim advanced 1.6% in Hong Kong, 0.9% in China, 0.7% in Australia, and 0.5% in Taiwan, India and Indonesia but […] More

Concerns Return to Market

November 17, 2017

Questions have resurfaced about the strength of China’s economy. Retail sales, industrial production, and business investment posted slower on-year gains in October, and the People’s Bank of China has injected heavy amounts of liquidity to the banking system via reverse repurchase agreements. The Mueller probe into Russian influence in the 2016 U.S. elections appears to […] More