Euroland current account and construction output

Central Bank Interest Rates Back in the Spotlight

June 20, 2023

Tuesday has been a more active day in financial markets than Monday, with the return of U.S. leadership after yesterday’s Juneteenth holiday. The dollar has been mixed, dropping 0.3% against the yen and 0.1% versus the euro but advancing 1.0% relative to the Australian currency, 0.5% vis-a-vis the kiwi, 0.4% against the Turkish lira, 0.3% […] More

Sovereign Debt Yields Climb Higher around the World After Powell Suggests Bigger Incremental Tightenings May Be Coming

March 22, 2022

Ten-year sovereign debt yields rose today by five basis points in the United States, four bps in Germany, and three bps in France and Italy. Chairman Powell sees a possible need for individual increases in the federal funds rate that exceed 25 basis points. Many other central banks have already been doing that, and speculation […] More

More Evidence of Softening Euroland Economy

February 19, 2019

Aside from rises of 0.5% against the kiwi, 0.4% versus the Australian dollar and 0.3% relative to the euro, there’s been little net movement in the dollar overnight. Share prices are lower in Asia and Europe. Equities dropped 0.5% in Hong Kong, 0.3% in New Zealand, and 0.2% in Singapore, South Korea, and India. Stocks […] More

Weaker Dollar and Stronger Stocks

September 19, 2016

Over the weekend, 29 people were injured from an exploded bomb in the Chelsea section of New York City over the weekend. Another unexploded bomb was found at a train station in Elizabeth, N.J.. As in Mecklenburg-Pomerania earlier this month, fringe parties were the big winners weekend elections in Berlin. The anti-immigration Alternative for Germany […] More