Euroland consumer prices
U.S.-Sino Trade Tensions and U.K. Tory-Labor Brexit Talks Take a Turn for the Worse
May 17, 2019
Chinese officials poured cold water on hopes that trade tensions with the United States might de-escalate. In reaction, China’s stock market tumbled 2.5%, and the yuan fell 0.4% against the dollar. Share prices also dropped 1.5% in Hong Kong, 1.3% in India, 1.2% in Indonesia, 0.9% in Taiwan, 0.6% in South Korea and 0.8% in […] More
A Better Market Tone
November 16, 2017
There’s been a respite from the recent slide of equities. Japan’s Nikkei closed 1.5% higher, and the German Dax and Paris Cac are up 0.5% and 0.6%. The dollar shows mixed overnight changes, with drops of 0.6% against the Swissie, 0.2% relative to the peso and sterling and 0.1% versus the loonie but upticks of […] More
Euro Dips Briefly Below $1.05
February 22, 2017
Concerns that European nationalism may break the EU apart caused the euro to dip to an overnight and 6-week low of $1.0493 and 10-year sovereign debt yields to fall five basis points in The Netherlands, 4 bps in Germany, 3 bps in France, Italy and Britain. Equity markets in Continental Europe are down 1.0% in […] More
Corrective Day in the Market
January 7, 2015
Stocks and sovereign debt yields are higher. So is oil (marginally) and the dollar. Gold slid for the first time in several sessions. Much can change before this day is done. Several data releases are due: minutes from the December FOMC meeting, U.S. and Canadian trade figures, the ADP estimate of U.S. private employment growth […] More
Crimea, Missing Malaysian Flight, and Lower Euro Area Inflation Top News
March 17, 2014
Over 95% of voting Crimeans signal desire to leave Ukraine. Crimean parliament requests annexation by Russia. Russian lawmakers to decide whether to do such. Obama calls vote unlawful and threatens economic sanctions. Malaysian Airlines Flight 370’s whereabouts still unknown, but best guess is in one of the deepest parts of the Indian Ocean. Evidence now […] More
A Less Volatile Day So Far than Thursday
August 16, 2013
The dollar is unchanged against the Swiss franc, kiwi and yuan. The greenback has edged up 0.2% versus the Canadian dollar and 0.1% relative to the euro, yen and sterling while dropping 0.3% against the Australian dollar. Share prices slumped around the Pacific Rim by 3.9% in India, 2.5% in Indonesia, and 0.8% in the […] More
Share Prices Post Further Gains
October 16, 2012
Markets were less risk averse this Tuesday. Speculation persists that Spain will request aid, a condition for activating unlimited ECB bond buying. It’s debate night in America. Investors await several U.S. and Canadian statistics this morning. Share prices in Europe have risen 1.2% in Spain, 0.7% in Germany, and 0.5% in Italy, France and Great […] More
