German factory orders
Persistent Fears about Ukraine Crisis Weaken Equities
May 7, 2014
Investors are tired of the America’s speak-loudly-but-carry-a-small-stick approach to the Ukraine crisis and other geopolitical hotspots, and frustration has been vented on equities, which also have been hurt by uninspiring corporate earnings this season. Japan’s Nikkei tumbled 2.9%. Equity losses elsewhere amount to 1.1% in Hong Kong, 1.0% in South Korea and Italy, 0.9% in […] More
Awaiting North American Jobs and Trade Data
April 5, 2013
Most stocks are weaker. The dollar is little changed, and there’s been a big rise in Japanese long-term bond yields. The dollar eased 0.3% against the yen and has edged up 0.1% relative to the euro, Swissie, sterling, and Canadian, Australian, and New Zealand dollars. The yuan is unchanged. Worries about a hostile North Korea […] More
Awaiting ECB and Bank of England Decisions Plus U.S. Data
July 5, 2012
Investors have high expectations that the ECB will cut interest rates and that the Bank of England will also ease policy. Scheduled U.S. data today include the ADP estimate of private sector jobs, the Labor Department weekly report of jobless insurance claims, weekly oil inventories, and the ISM non-manufacturing purchasing managers survey for June. The […] More
Markets in a Risk-Averse State of Mind as Easter Break Nears
April 4, 2012
The Nikkei tumbled 2.3%, and the German Dax, Paris Cac, and British Ftse show drops of 1.8%, 1.2%, and 1.1% so far. Stocks fell 1.9% in Indonesia, 1.1% in Thailand, 1.0% in Singapore, 1.5% in South Korea, 0.5% in Malaysia, 0.6% in India and 0.4% in The Philippines. Investor caution was fanned by weakly subscribed […] More
