German import prices

Dollar Strengthens on Day after Big Drop in Stocks

September 29, 2021

The DXY weighted dollar index rose 0.2% to an 11-month high overnight. Equities in the Pacific Rim picked up the baton from North America’s losing session the day before, dropping 2.1% in Japan, 1.8% in China, 1.9% in Taiwan, 1.2% in South Korea and 1.1% in Australia. However, European markets have mustered rebounds so far […] More

Powell Speech in 15 Minutes on a Data-Heavy Day

August 27, 2021

Fed Chairman Powell addresses the Jackson Hole Central Bank Symposium at 10 EDT. Markets have been comparatively flat, awaiting what Powell has to say regarding the tapering of Fed bond purchases and what officials anticipate for U.S. growth and inflation. The trade-weighted dollar has edged 0.1% higher. U.S. personal income in July, which had been […] More

Concerns Over Delta Covid Strains Weigh on European Equities

June 28, 2021

Net overnight movements in the dollar have been marginal and mixed, with dips of 0.5% versus the Turkish lira and 0.2% relative to sterling and upticks of 0.3% verus the Mexican peso, 0.2% against the Swiss franc and 0.1% vis-a-vis the Canadian, Australian and New Zealand dollars. The U.S. currency is unchanged against the yen, […] More

Across-the-Board Strength in the Dollar Early this Friday

May 28, 2021

Prior to today’s release of U.S. data, the dollar had advanced 1.3% against the Turkish lira, 0.6% versus the Swiss franc and Australian¬† dollar, 0.4% vis-a-vis the loonie, peso and weighted DXY index, 0.2% versus the yen, and 0.3% against the euro and sterling. U.S. stock futures had extended yesterday’s gain by around 0.5%, and […] More

Dollar Firms…. Trump Wants Big Changes in Pandemic Relief Bill

December 23, 2020

The dollar rose overnight by 0.5% against the Swiss franc, 0.4% versus the euro, Aussie and New Zealand currencies and Mexican peso, and 0.2% relative to the yen, loonie, and sterling. Stocks also rebounded, with Asian gains of 1.0% in India and South Korea, 0.9% in Hong Kong, 0.8% in China, 0.3% in Japan, and […] More

Sterling Looking a Touch Fragile

December 23, 2019

The weakest major currency this Monday has been sterling, which has slipped below $1.30 and by 0.4% in all from Friday’s close. The U.S. dollar otherwise has been mixed, dipping 0.2% against both the Australian and New Zealand dollars and 0.1% relative to the yen and euro. The dollar alternatively shows slight gains of 0.2% […] More

Tariff War Concerns Rattle Investors

May 28, 2019

President Trump’s predisposition to fight a tariff war that he believes is winnable depressed the 10-year U.S. Treasury yield below 2.30% to its lowest level since October 2017 and weighed on European and Asian share prices. Equities fell 1.1% in Indonesia, 0.4% in New Zealand and 0.2% in Taiwan and Singapore. Stocks in Europe have […] More

Trump Dangles Possibility of Trade Deal with China Before Market Ahead of Mid-Term Election

November 2, 2018

U.S. President Trump claimed trade talk progress after phone conversation with Chinese President Xi Jinping and instructed his cabinet to frame a possible trade deal with China before the G20 summit November 30-December 01 in Buenas Aires. The timing of this development four days ahead of U.S. mid-term elections is conspicuous. Stock markets around the […] More

Dollar, U.S. Stocks, and Treasury Yields Little Changed After Strong U.S. GDP Report

July 27, 2018

U.S. GDP expanded 4.1% last quarter at a seasonally adjusted annualized rate. That was the fastest quarterly pace since the third quarter of 2014, but analysts had anticipated such a figure. Personal consumption, non-residential investment and government spending climbed 4.0%, 7.3% and 2.1%, respectively. Net foreign demand augmented the growth rate by 1.1 percentage points […] More

Monday Rebound of Stocks Extended and Dollar Higher Too

March 27, 2018

Share prices closed up 2.7% in Japan, 1.2% in in Hong Kong, 1.4% in Taiwan, 1.1% in China,¬† 1.0% in New Zealand, 0.8% in Singapore and 0.7% in Australia. In European trading, equities have risen between 1.5% and 2.0% in the U.K., Germany and Switzerland and between 1.0% and 1.5% in France, Spain and Italy. […] More

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