German consumer confidence

Marking Time as Drama at Jackson Hole and Kabul Unfold

August 26, 2021

The St. Louis and Kansas City Federal Reserve District presidents, who represent predominately Republican regions of the United States, publicly expressed their personal desires to see quantitative tapering begin this autumn, and Bullard of St. Louis added his hope that an interest rate hike be done before the end of 2022. The annual central banking […] More

Two-Day FOMC Meeting Ends Today with Likely Same Dovish Message

July 28, 2021

Against the backdrop of rising Covid-19 infections in the United States, this isn’t the time for the Fed to express a lot of concern about inflation or to show greater urgency as official begin to contemplate a plan to taper monetary stimulus. In the three days of July 25-27, new U.S. coronavirus cases averaged 57.3k […] More

Markets Looking for Clues to How Central Banks React to Spike in Inflation

May 27, 2021

In analyzing foreign exchange movement, the calendar year divides into three seasons, with the middle summer period –when trading volume oftentimes thins and dollar movements can beĀ  erratic and unrepresentative at times — lying between the U.S. Memorial Day and Labor Day weekends. The dollar is approaching the end of the winter-spring with a trivial […] More

After U.S. Pandemic Relief Package, There’s Been Little change in Dollar, U.S. Stock futures, or 10-Year Treasury Yield

December 22, 2020

The dollar shows no net overnight movement against the yen, Swiss franc or loonie. The greenback gained 0.4% against the kiwi, 0.3% versus the Aussie dollar and 0.2% relative to sterling but slipped 0.1% vis-a-vis the euro and Chinese yuan. Ten-year U.S. Treasury, German bund and Japanese JGB yields remain unchanged. Their British counterpart rose […] More

Investors Eyeing Three Threats

October 22, 2020

The uncertain U.S. election outcome now just twelve days away continues to have markets on tenterhooks. The final Trump-Biden debate is tonight at 21:00 EDT. U.S. Justice Department officials have found evidence of attempted cyber interference in the result by Iran and Russia. Worsening Covid-19 trends are a second source of investor anxiety. More than […] More

Firmer Tone Wednesday in Equities and the Dollar

September 23, 2020

European share prices so far today show gains of 2.1% in the U.K., 1.6% in Spain, 1.5% in France, 1.4% in Germany and 1.1% in Italy. Equities also rebounded 2.4% in Australia, 1.1% in New Zealand, and 0.7% in Singapore but dipped 0.1% in Japan whose market was closed Monday and Tuesday for holidays. U.S. […] More

Broadly Softer Dollar amid More Hopeful Investor Mood

May 26, 2020

The evolution of the Covid-19 pandemic remains highly uncertain, but investors have chosen hope over fear at least for a day or so. Economies are being reopened at varying speeds, and there has been some encouraging news regarding vaccine development. Released economic data have confirmed improvement in many cases, meaning a slower implosion rather than […] More

Dollar Mostly Unchanged Overnight, Share Prices and Sovereign Debt Yields Slip a Bit

November 26, 2019

The dollar is unchanged from Monday closing levels against the yen, Swiss franc, kiwi and Australian dollar and has moved no more than 0.1% versus the euro, loonie, yuan and peso. A bigger dollar change of 0.4% occurred against sterling. The 10-year British gilt yield fell three basis points. Ten-year U.S. Treasury, German bund, and […] More

Watching Impeachment Developments and Digesting Data

September 26, 2019

The dollar fell overnight by 0.5% against the kiwi, 0.4% relative to the Aussie dollar, and 0.1% versus the yen and loonie, but it also rose 0.2% against sterling and the euro as well as 0.3% vis-a-vis the Swiss franc. The yuan and peso are unchanged. Wednesday’s rebound in U.S. share prices carried over into […] More

Share Prices and Sovereign Debt Yields Rebound… Brexit Situation Remains Muddled

March 26, 2019

In futures trading, the 10-year treasury yield rose five basis points to 2.44%. The 10-year German bund and Japanese JGB yield firmed two bps, while their British counterpart is 3 basis points firmer. Share prices rebounded 2.2% in Japan, 1.1% in India, 0.9% in Indonesia, 0.8% in Taiwanand 0.6% in Singapore. European equity markets are […] More

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