German CPI and import prices
Quarter-End Ushers in Crunch Time for U.S. Budget Bill and Trade Talks as Well as A Flood of Data
June 30, 2025
(185) It’s do-or-die time for President Trump’s big beautiful budget tax and spending bill, and the July 9th deadline for bilateral trade deals that would greatly scale back threatened huge reciprocal tariffs is just over a week away as well. The U.S. senate is closing in on the final debate and vote on the bill, […] More
Seeking Safety Over Risk on Final Day of the Quarter
March 31, 2025
(198) The main theme in financial markets today has been a flight to safety, with stock markets tumbling 4.2% in Taiwan, 4.1% in Japan, 1.5% in Thailand and Vietnam, and 1.3% in Hong Kong. Major euro area stock markets so far show drops of 1.5-2.0%.The British FTSE is 1.4% weaker, and Nasdaq futures are down […] More
Quarter-End and Supercharged 8.1% Leap in Chinese Equity Market Sucks the Energy Out of Other Stock Markets
September 30, 2024
Just prior to China‘s week-long national holiday, more measures were announced to support that economy’s depressed housing market and help secure this year’s overall goal of 5% GDP growth. The release of September purchasing manager surveys suggest that the stimulus is badly needed. The government-compiled NBS non-manufacturing PMI printed at a 21-month low of 50.0, […] More
Softer Dollar as 2Q U.S. Growth Is Revised Slightly Lower
August 30, 2023
The dollar fell overnight by 0.7% against sterling, 0.4% relative to the euro, 0.3% against the Mexican peso, and 0.2% versus the loonie, Swiss franc, kiwi, and Aussie dollar. Alternatively, the greenback strengthened 0.8% against the Russian ruble and 0.6% against the Turkish lira. Equities around the world are narrowly mixed. U.S. corporate profits last […] More
No Deal Between U.S. and North Korea and a Whole Lot of Data Released
February 28, 2019
The summit between U.S. President Trump and North Korean President Kim ended prematurely without an agreement. Share prices in Asia lost 1.8% in South Korea, 1.3% in Indonesia, 1.2% in Singapore, 0.9% in Hong Kong, 0.8% in Japan but only 0.4% in China. In Europe, there’s been scant net movement in the German Dax or […] More
Euroland Sentiment Indices Unexpectedly Buoyant
March 28, 2014
The dollar has risen 0.2% against the yen and 0.1% versus the Swiss franc and Australian dollar but also shows losses of 0.1% against hte kiwi, loonie and sterling. The yuan and euro are unchanged against the dollar. Share prices in the Pacific Rim climbed 1.1% in Hong Kong, 1.0% in Indonesia, 0.6% in India, […] More
