German industrial production and current account
Many Data Releases… Stock Prices Up
January 9, 2020
A mixed dollar overnight leaves the U.S. currency unchanged against the euro, up 0.5% versus the kiwi, 0.4% relative to sterling, 0.3% vis-a-vis the yen, 0.2% against the loonie and 0.1% versus the Aussie dollar but down 0.2% against the yuan and peso and 0.1% softer versus the Swiss franc. Share prices advanced 2.3% in […] More
Oil Down & Dollar Up Ahead of Trump’s Announcement on Iran Nuclear Deal
May 8, 2018
President Trump’s decision is scheduled for 14:00 EDT (GMT 18:00). He is widely expected to pull the United States out of the deal. West Texas Intermediate crude oil has traded 1.4% lower and is back under the $70 per barrel level. The dollar’s gains so far today are most pronounced against commodity-sensitive currencies like the […] More
Elections, Fed Rhetoric, and Some New Data
May 9, 2017
On Sunday, French voters elected a centrist president but gave far-right candidate Le Pen about a third of the vote. The result avoids the specter of Frexit for now but didn’t spell the end of pan-European nationalism. In Germany, meanwhile, two recent state elections have also swung to Chancellor Merkel’s pro-EU CDU party, increasing chances […] More
A Slew of Market Factors this Friday
August 7, 2015
The dollar has risen 0.4% against the euro, loonie and sterling. It got a boost from the monthly Labor Department jobs report, which showed Unchanged unemployment (5.3%), participation rate (62.6%), and jobs-to-population ratio of 59.3%. The creation of 215K nonfarm payroll jobs last month, slightly less than forecast, but a combined 14K upward revision to […] More
Awaiting U.S. Jobs Data
September 6, 2013
The dollar has lost 0.8% against the kiwi, 0.6% versus the loonie, 0.4% relative to the yen and Australian dollar and 0.1% versus the Swiss franc. The dollar is also unchanged against sterling, the euro and yuan. Japan’s Nikkei slumped 1.5% in part on unconfirmed news that Tokyo, heretofore the front-runner, is not going to […] More
