German consumer prices
Sell-Off Resumes
September 29, 2022
Sovereign debt selling resumed this Thursday, sending 10-year government debt yields up by 20 basis points in Italy, 19 bps in Great Britain, 16 bps in France and the Netherlands, 15 bps in Germany and Spain, and nine basis points in the United States. Share prices are down 1-2% in the U.K., Germany, France, Italy […] More
Many Data Already Reported… Now Waiting for U.S. CPI and FOMC Minutes
October 13, 2021
The dollar slipped overnight by 0.3% against the Swiss franc and sterling, 0.2% versus the euro, peso and on a DXY weighted basis, and 0.1% relative to the Canadian dollar, Chinese yuan, and Turkish lira. Ten-year sovereign debt yields have dropped four basis points in Germany and five bps in the U.K. but only a […] More
T Minus Five Weeks and Counting
September 29, 2020
The U.S. presidential and congressional elections are just five weeks away, and the first of three debates between Donald Trump and Joe Biden takes place in Cleveland tonight. In the wake of Trump tax information disclosed in the New York Times, that figures to be a major discussion topic, as will be America’s unfavorable handling […] More
Markets Watching G20 Meeting… More Low Inflation News
February 26, 2016
Finance Ministers and central bank chiefs from the Group of Twenty economies began a two-day conference in Shanghai. The Governor of the Peoples Bank of China denied the yuan will be devalued and said other tools are available to support demand in the world’s second biggest economy. Chinese property prices rose 2.5% in January. More […] More
Strengthening Case for ECB to Ease Aggressively
June 2, 2014
Dollar gains overnight amounted to 0.6% against the Australian dollar, 0.5% versus the Swiss franc, 0.2% relative to the yen, euro and kiwi and 0.1% against the loonie. The dollar is unchanged vis-a-vis the yuan and sterling. Share prices advanced 2.1% in japan, 1.9% in Indonesia, 0.5% in Australia and 0.4% ain South Korea and […] More
Greater Investor Optimism
May 14, 2014
Hope is rising that policy steps will be taken in China to support property values. The Bank of England’s quarterly Inflation Report is not as hawkish as some were expecting. Although projected a bigger decline in unemployment than seen in the February report, officials maintained a 3.4% 2014 growth forecast and anticipate inflation over the […] More
Data Focus on Europe
April 29, 2014
European stocks have risen 1.5% in Italy, 1.2% in Germany, 0.9% in Spain, 0.5% in Britain and Switzerland and 0.5% in France. Equities in the Pacific Rim were mixed, with gains of 1.1% in China, 1.5% in Hong Kong, 0.7% in Taiwan and 0.6% in New Zealand but losses of 1.0% in Japan, 0.9% in […] More
Geopolitical Tensions Intensify Market Fear of Risk
February 27, 2014
Escalating tension within Ukraine between those loyal to Russia and those seeking closer ties with Europe sent the hyrvnia tumbling some 10% to 11.2/USD. Global financial markets have been infected, with sovereign debt yields and equities falling but the yen and dollar rising. Stocks in Europe have declined by 1.5% in Germany, 1.3% in Spain, […] More
Sinking Confidence amid Disinflation
November 12, 2013
The dollar strengthened overnight by 0.7% against sterling, 0.5% versus the yen and kiwi, 0.4% relative to the Australian dollar, 0.2% against the loonie and 0.1% vis-a-vis the euro and Swiss franc. The yuan remains unchanged. Pacific Rim equities varied widely. Japan’s Nikkei jumped 2.2%, and stocks also gained 1.0% in china and 0.9% in […] More
Euro Stronger and Dollar Soft
April 11, 2013
The euro reached new highs of $1.3135 and JPY 130.84. The yen matched but did not go through yesterday’s low of 99.87 per dollar. On balance since Wednesday’s closing levels, the dollar shows losses of 1.0% against the kiwi, 0.6% versus the loonie, 0.5% relative to the Swiss franc, 0.4% against the euro and sterling […] More
