Euroland CPI and unemployment
The Usual Month-End Flood of Economic Data but Little Overnight Movement in the dollar
October 31, 2018
The dollar is unchanged against the euro and loonie, 0.1% firmer relative to the yuan and Swiss franc, 0.2% higher vis-a-vis the yen, Aussie dollar and kiwi. Somewhat larger moves have happened against sterling (a drop of 0.5%) and the Mexican peso (a rise of 0.5%). Gold fell 0.6%. Following the rebound Tuesday of U.S. […] More
Trump Vies with Deluge of Data for Market’s Attention
August 31, 2018
A considerable amount of data gets reported around the end of every month, especially on the final business day. But this time, there’s an equal flood of outrageously provocative quotes from the U.S. president to stir up market activity. Data first: Japan had disappointing industrial production news. Output fell 0.1% in July after a 1.8% […] More
Firmer Dollar on this Last Day of August
August 31, 2017
The dollar climbed overnight by 0.8% against the kiwi, 0.4% relative to sterling, 0.3% versus the peso, and 0.2% vis-a-vis the euro, yen, Swissy, Canadian dollar and Australian dollar. The greenback also edged up 0.1% against the yuan. Gold dipped 0.2%. Lots of data reported today. Stocks were mixed overnight in Asia but are mostly […] More
Whole Lot of Data Getting Released
July 31, 2014
The deluge of monthend data releases continued on Thursday, but the dollar hasn’t reacted much, with no net change against the yen, yuan and kiwi, upticks of 0.1% versus the euro, Swissie and loonie, and gains of 0.2% relative to sterling and 0.4% vis-a-vis the Australian dollar. Share prices are mostly lower, but a 1.2% […] More
Ton of Released Data, Some with Unexpected Results
February 28, 2014
The yuan suffered its greatest single-day drop in almost seven years and hit a 10-month low against the dollar. Yesterday’s testimony by Fed Chairwoman Yellen was somewhat more dovish than anticipated. The dollar is down 0.8% against the Swiss franc and 0.6% weaker versus the euro after touching a 2014 low of $1.3814 earlier in […] More
Stocks Soften in the Pacific Rim after FOMC and RBNZ Statements
October 31, 2013
Share prices fell 1.4% in China, South Korea and Indonesia. Japan’s Nikkei lost 1.2% on the final day of October, and equities slipped 0.6% in Singapore and Malaysia, 0.4% in Hong Kong, 0.2% in Taiwan and 0.1% in Australia. In Europe, the British Ftse and German Dax show losses of 0.5% and 0.2%, while stocks […] More
Dollar Down ahead of Bernanke’s Jackson Hole Speech
August 31, 2012
The dollar has declined by 0.8% against the euro, which hit an 8-week high of $1.2629. The dollar also has fallen 0.8% against the Swiss franc, as well as 0.6% versus the loonie, 0.5% relative to sterling, 0.4% against the Aussie and New Zealand dollars, and even 0.3% against the yen. Investors hope to hear […] More
