eurozone industrial output
Relentless Market Pessimism
June 14, 2016
A slew of opinion polls in the U.K. elevate the risk of a vote to leave the European Union as a major newspaper endorses that choice. The Federal Open Market Committee begins a two-day meeting today. The Fed will release new macro forecasts after the meeting ends, and Janet Yellen will preside over a press […] More
Mostly Firmer Dollar as Markets Eye U.S. Primaries and Upcoming FOMC and BOJ Meetings
March 14, 2016
There’s been a 12.7% devaluation of the Egyptian pound. The U.S. currency has risen against a wide array of other emerging market currencies, too, as investors upgrade the probability of further Fed tightening before midyear. The dollar shows gains of 0.6% against the kiwi, 0.5% versus the Swiss franc and loonie, 0.4% vis-a-vis the euro, […] More
Yuan Decline Triggers Fresh Drop in Global Equities and Sovereign Debt Yields
August 12, 2015
The yuan fell by a further 0.9% against the dollar to 6.38, and in Hong Kong offshore trading the quote sank to 6.552. Chinese central bank officials played down the development as a temporary adjustment to the new pricing system that will be more heavily influenced by market forces. They asserted that economic fundamentals do […] More
