German ZEW Institute

Confidence Rising that Central Banks Will Counter Deteriorating Global Economic Outlook

June 18, 2019

Today could have been an ugly day in world financial markets. The Japanese Nikkei lost 0.6% overnight. Ten-year sovereign debt yields show big declines of 17 basis points in Italy, 10 bps in France and Spain, 7 bps in the United States and Germany, and six bps in the U.K.. The German ZEW Institute’s June […] More

More Evidence of Softening Euroland Economy

February 19, 2019

Aside from rises of 0.5% against the kiwi, 0.4% versus the Australian dollar and 0.3% relative to the euro, there’s been little net movement in the dollar overnight. Share prices are lower in Asia and Europe. Equities dropped 0.5% in Hong Kong, 0.3% in New Zealand, and 0.2% in Singapore, South Korea, and India. Stocks […] More

Markets Anticipating a Fed Rate Hike Wednesday With Confidence

December 15, 2015

Today is the first day of a landmark FOMC meeting.  A policy announcement will be made Wednesday at 14:00 EST (19:00 GMT) followed by a Yellen press conference to start tomorrow at 14:30 EST. European share prices are up over 3.0% in Germany, France, Italy, and Spain.  They have rallied 2% in the U.K. and […] More

Share Prices Up, Dollar Fairly Steady Awaiting U.S. CPI and Industrial Production Data

November 17, 2015

The dollar is unchanged against the Canadian dollar and sterling.  It has risen 0.3% versus the Swiss franc and kiwi, 0.2% relative to the euro, and 0.1% vis-a-vis the yuan and yen but lost 0.3% against the Australian dollar. The Aussie dollar was buoyed by Reserve Bank of Australia minutes of the November 3rd Board […] More