Ezone producer prices
Softer Share Prices and Dollar
December 3, 2013
The dollar slid overnight by 0.6% against the kiwi, 0.4% versus the yen, Swiss franc and sterling, 0.3% relative to the euro, and 0.2% against the Australian dollar. The greenback is unchanged against the yuan and 0.1% firmer relative to the loonie. Share prices have fallen by 1.1% in South Korea, 0.8% in Indonesia, 0.5% […] More
Return from Summer Holiday
September 3, 2013
The U.S. and Canada will be returning after Labor Day holidays on Monday. New Middle Eastern jitters were aroused after alleged ballistic missile test by Israel. The Aussie dollar advanced 0.7% against its U.S. counterpart after the Reserve Bank of Australia released a statement that failed to talk about scope for further easing. Australia’s Official […] More
Market Tone Aided by Some Supportive Data
June 4, 2013
Data released by the Bank of Japan reflect this quarter’s intensifying monetary easing. The central bank balance sheet had expanded to JPY 184.3 trillion by end-May from JPY 174.7 trillion at end-April and JPY 164.3 trillion at end-March. On-year growth in Japan’s monetary base (MB) accelerated to 31.6% in May from 23.1% in April, 15.2% […] More
Somewhat Firmer Yen
January 7, 2013
The yen, which had fallen sharply over the past 1-1/2 months, has corrected upward 0.3% against the dollar. Finance Minister Aso spoke hopefully that a formal change in the Bank of Japan law may prove unnecessary. The dollar also has lost 0.4% against the kiwi and 0.2% versus the Australian dollar, but it rose 0.2% […] More
Equity Rally Extended
October 2, 2012
Monday’s better market tone extended into Tuesday, fed by a surprise Australian Official Cash Rate cut and hopes of a Spanish bailout. Stocks rose 1.1% in New Zealand, 1.0% in Australia, 0.8% in the Philippines, 0.7% in Singapore, 0.6% in Taiwan, 0.5% in Indonesia, and 0.3% in India. China remains closed for the entire week, […] More
