eurozone CPI and unemployment

Typical Deluge of Data as Another Month Ends

May 31, 2016

Market Highlights: The U.S. dollar dropped 1.1% and 0.9% against the Australian and New Zealand dollars on encouraging economic statistics released today. Against other major currencies, the U. S. dollar is narrowly mixed but poised to record a very strong monthly advance. The Shanghai Composite index of Chinese share prices leaped 3.3%.  The cause was […] More

Torrential Data and Continuing High Market Volatility

September 30, 2015

Considerable economic data were released on this final day of the third quarter. Markets await speeches from Fed Chair Janet Yellen and New York Fed District President Dudley.  Share prices rebounded 2.1% in Australia, 1.9% in Hong Kong, 1.5% in India, 1.1% in Indonesia, 2.7% in Japan, 1.0% in South Korea and 0.8% in China. […] More

Monthend Finds Dollar and Stocks Mixed and Commodities Lower

July 31, 2015

With July drawing to an end, the dollar rose overnight by 0.8% against the kiwi, 0.5% versus the Aussie dollar, 0.,2% relative to the loonie and 0.1% against the yen and sterling.  But the dollar also fell 0.7% against the Swiss franc and 0.4% vis-a-vis the euro.  The yuan is steady. The Shanghai Composite index […] More

Quarter-end Data Deluge

June 30, 2015

The dollar is trading with overnight gains of 1.4% against the kiwi, 0.5% relative to the euro and Swiss franc and 0.1% vis-a-vis sterling.  It is unchanged versus the yen and Australia and dollar and down 0.1% against the loonie and yuan. Stocks in China rebounded by a big 6.7%, buoyed by a liquidity injection […] More

Cornucopia of Data and Central Bank Announcements as April Draws to an End

April 30, 2015

Japan’s Nikkei slumped 2.7% following yesterday’s very weak U.S. GDP followed by an FOMC statement that kept the possibility of a June rate hike alive.  Share prices also fell in Hong Kong, China, Taiwan, South Korea, India, and Indonesia.  In Europe, where Moody’s cut Greece’s credit rating further, equities are narrowly mixed. The dollar advanced […] More

Dollar Up, Oil and European Equities Down on Final Day of the Quarter

March 31, 2015

The dollar rose overnight by 0.8% against the euro, 0.7% versus the Australian dollar, 0.6% relative to the loonie and Swiss franc, 0.3% vis-a-vis the kiwi and 0.1% against the yuan and sterling.  But the U.S. currency edged 0.1% lower versus the yen. Oil sank 2.2% to $47.62 per barrel.  Comex gold is steady at […] More