Ezone retail PMIs
Somewhat Softer Dollar
April 29, 2013
With holiday closures in Japan for Showa Day (commemorating the era of former Emperor Hirohito) and China for Labor Day, the dollar had declined 0.7% against the kiwi, 0.6% versus the Australian dollar, 0.4% relative to the euro and Swiss franc, 0.3% against the loonie and sterling and 0.1% vis-a-vis the yen. The yuan is […] More
A Market Dominated by Fiscal Cliff Perceptions
November 29, 2012
Investors want to believe that the full brunt of the U.S. fiscal cliff is going to be somehow averted. The evidence on that possibility continues to be mixed, but a better appetite for risk today is evident. Chinese share prices, down by a further 0.6% to a four-year low, have been an exception. However, worries […] More
