German and Swiss retail sales
Manufacturing in Recession Here, There and Just About Everywhere
December 1, 2022
November purchasing manager surveys released today paint a very gloomy picture, with activity declining at the fastest pace since May 2020 (near Covid ground zero) in the United States (according to both the ISM and S&P Global reports), Brazil, Australia (AIG survey), Turkey, Ireland, Czech Republic, and Sweden. Japan’s PMI index got revised downward and […] More
No Fooling: Today’s Economic Data Show Improvement but Covid Cases on the Rise Too
April 1, 2021
On this opening day of April, the dollar is unchanged against the yen, sterling and New Zealand dollar. The greenback has dipped 0.1% versus the euro and fallen 0.8% against the Turkish lira and 0.5% vis-a-vis the Mexican peso, but the dollar also has risen 0.3% against the Chinese yuan and Canadian dollar, 0.2% versus […] More
Commodity Prices, Equities, and Dollar Strengthen
February 1, 2021
Today’s speculative move of the day involves silver, which briefly edged above $30 per ounce and currently shows a net daily gain of slightly more than 10%. The prices of gold and oil are each up 0.8%. Share prices in the Pacific Rim surged 5% in India, 3.5% in Indonesia, 2.7% in Hong Kong and […] More
Mounting Evidence of Slower Growth in Europe and Japan
March 1, 2019
Stock markets rallied in Asia on hopes for a U.S.-Chinese trade deal soon. Share prices climbed Friday by 1.8% in China, 1.3% in Hong Kong, 1.0% in Japan, 0.9% in Indonesia and 0.6% in India. The black sheep was South Korean equities, which dropped 1.8% further following the collapsed U.S./North Korean denuclearization talks. Equities in […] More
