German CPI and WPI
Stock Markets Around the World Battered Further
May 14, 2020
Hope has dissipated that the pandemic will be contained soon. Global cases surpassed 4.45 million, and the death toll is approaching 300,000. Social distancing is expected to be necessary to some extent at least through the end of the year, and world economic activity as a result will struggle to regain upward momentum. Risk aversion […] More
Dead Cat Bounce
May 14, 2019
The escalation of trade war hostilities between the U.S. and China rattled global financial markets significantly yesterday, but today’s mood has been more encouraging. Share prices in Europe are up so far by 1.2% in France, 1.0% in the U.K. and Italy, and 0.9% in Germany. In Asia, equities fell 1.8% in Hong Kong, which […] More
Dollar Slips and Stocks Rise Ahead of Last FOMC Decision of the Yellen Era
December 13, 2017
The dollar fell overnight by 0.7% against the kiwi, 0.6% versus the Aussie dollar, 0.4% relative to sterling, 0.3% vis-a-vis the yen and 0.1% against the euro, Swiss franc and loonie. Core U.S. CPI inflation in November was 0.1 percentage point less than forecast with a rise of 0.1% from October and a 1.7% 12-month […] More
Fresh Appreciation for Latest ECB Actions Spurs Market Rally
March 11, 2016
Share prices in Europe have rallied 3.1% in Germany, 4.4% in Italy, 3.3% in Spain, and 1.6% in Great Britain. Stock markets in the Pacific Rim closed up 0.3% in Australia, 0.5% in Japan, 0.2% in China and 0.4% in India. The Dow shows a current daily advance of 1.2%. West Texas Intermediate crude oil […] More
Gloom Fails to Lift
September 11, 2015
West Texas Intermediate crude oil fell back 2.4% to $44.80 per barrel. Comex gold is 0.4% lower at $1,126.80. Ten-year British gilt and German bund yields slid two and one basis points. The 10-year JGB stayed at 0.34%. The dollar rose 0.4% against the Swiss franc, 0.2% relative to the loonie, sterling, kiwi and Aussie […] More
Very Quiet in Foreign Exchange
July 11, 2014
The dollar shows no net changes overnight against the euro, yen, Australian dollar, yuan or sterling. The greenback has ticked 0.1% higher versus the kiwi and Swiss franc and edged down 0.1% versus the loonie. Stock trading in the Pacific Rim extended yesterday’s drop in North America and Europe, but there’s been a rebound today […] More
