Euroland GDP and employment growth
More of the Same: Gentle Dollar Down-Drift and Resilient Equities
December 5, 2025
Friday has seen several data releases but without meaningful impact on world financial markets as 2025 draws closer to its end. Prior to the release of U.S. personal income & consumption, consumer confidence, and the all-important PCE price deflator, the dollar was trading 0.1% lower against the euro, Swiss franc and on a weighted basis. […] More
Another Strong Performance for Crypto and the Dollar
November 14, 2024
Prior to today’s release of U.S. October producer price figures, the weighted DXY dollar index had advanced another 0.3% to a two-year high. There were gains of 0.3% relative to the Swiss franc, sterling and yen and by 0.2% relative to the euro, kiwi and Australian dollars. The dollar got as firm as JPY 156.24 […] More
Growth Concerns on Many Fronts
September 6, 2024
The monthly release of data on the U.S. labor market situation is always a big event but especially this time because much is at stake both economically and politically. From the moment that the FOMC deferred l+ast meeting to start cutting interest rates, great misgivings that a big mistake may have been made, snatching defeat […] More
Heavy Diet of Price and GDP Growth Data
August 14, 2024
The dollar had lost 0.4% against the euro and 0.2% versus the Swiss franc and Chinese yuan an hour and a half into the U.S. trading day this Wednesday. Larger net movements of -1.0% and +1.0% had been clocked against the Mexican peso and New Zealand dollar, while values of the yen, sterling and Canadian […] More
U.S. CPI Figures about to Be Released
November 14, 2023
Analysts expect to learn of a further dip in U.S. inflation last month shortly. While waiting for confirmation, financial markets around the world marked time overnight. Dollar changes against other major currencies were held to plus or minus 0.2%. U.S. stock futures are likewise steady. Share prices in the Pacific Rim closed up 0.3% in […] More
Asian Growth Concerns.. British CPI and Euroland GDP Figures Release.. And Waiting for FOMC Minutes Due Later Today
August 16, 2023
The Chinese economy remains a concern that weighing on its regional neighbors as well. Property prices in China were 0.1% lower in July than a year earlier. That’s follows zero percent in the second quarter and disappointing retail sales, industrial production, corporate investment, and unemployment data reported yesterday. Equity markets today tumbled 1.3% in South […] More
Equity Rout Paused but Rise of Commodity Prices Continues
March 8, 2022
The price of Nickel soared more than 200%, forcing that exchange to stop trading. Prices for silver (+2.6%), WTI oil (+2.5%), wheat (+1.2%) and gold (+0.8%) climbed further as well. The euro recovered 0.3% overnight, causing the DXY dollar index to fall almost 0.3%. The greenback gained 0.4% against the yen, 0.5% versus the Australian […] More