Euroland producer prices
Lull in Data Flow… Equities Down
July 2, 2013
The Reserve Bank of Australia left its Official Cash Rate at a record low 2.75% and called the Aussie dollar still elevated. Australia (2.6%) and New Zealand (0.9%), along with Japan (1.8%), were among the few stock markets to see prices rise overnight. Share prices otherwise fell by 1.2% in the Philippines, 1.0% in Indonesia, […] More
Bank of Japan Sets the Tone
April 4, 2013
A revamped Bank of Japan Board outdid market expectations with its launch of new operational guidance, objectives, and goals. In response the yen plunged 2.4% against the dollar. The 10-year JGB yield is 11 basis points lower and, at 0.45%, is resting just above the June 2003 all-time low of 0.44%. The Nikkei-225 index advanced by […] More
Euro Hits some Bumps in the Road
February 4, 2013
The dollar has climbed 0.5% against the euro, 0.4% against the Swiss franc, and 0.1% versus the yen and yuan. It is also down 0.3% against the Aussie dollar, 0.2% versus the kiwi and sterling, and 0.1% against the loonie. Spanish Prime Minister Rajoy, who meets with German Prime Minister Merkel today, is snared in […] More
Quiet Start to Groundhog’s Day — Eye on Bernanke
February 2, 2012
The dollar shows minimal overnight movement. It’s up 0.2% and 0.1% against the Swiss franc and euro but down 0.1% relative to the yen, loonie, Aussie dollar, kiwi and yuan. Sterling is stable against the greenback. There were some big stock market rallies in Asia, but European bourses show little change after poor Spanish labor […] More
Another Slow Monday
April 4, 2011
Commodity prices are higher. Oil advanced 0.4% to $108.33 per barrel, while gold climbed 0.3% to $1433.80 per ounce. Upward share price momentum in Asia didn’t carry into European trading. Stocks advanced 1.5% in China, India, and Hong Kong. They also gained 1.3% in Thailand, 0.7% in Singapore and 0.5% in Australia. But Japan’s Nikkei […] More
