Indian wholesale prices
Competing Market Forces
April 15, 2024
The dominant theme of the first half of April has been the retreat in hopes that a cycle of Fed interest rate cuts might commence as early as June. This shift is being driven by data pointing to stalled U.S. disinflation and stronger-than-assumed economic growth. Monday’s menu of U.S. data includes Stronger-than-expected retail sales that […] More
Indonesian Election and Euroland GDP Headline Wednesday’s Agenda
February 14, 2024
Defense Minister Prabowo Subianto appears headed for victory in today’s Indonesian presidential election. Many votes still need to be counted, but with nearly 60% of the votes among those already tallied, he holds a large lead against his two opponents so far. The second report on fourth-quarter Euroland GDP are unrevised from flash indications reported […] More
Financial Markets Waiting for Cues from This Week’s Slew of Corporate Earnings
April 17, 2023
There’s been no consistent theme driving financial markets at the start of a week that will include the release of Chinese first quarter GDP figures along with the usual bunch of monthly data from that country, the Fed Beige Book of recent U.S. regional economic trends, the first glimpse of April economic developments from preliminary […] More
Easter Monday: U.S. Will Be One of the Few Countries Open Today
April 18, 2022
The Easter Monday holiday is being observed today in the U.K., Germany, France, Italy, Spain, the Netherlands, Portugal, Greece, Switzerland, Brazil, Hong Kong, Australia, New Zealand, Canada, Argentina, Peru, and Mexico. Share prices closed down by 1.1% in Japan, 2.0% in India, 0.6% in Indonesia and Taiwan, 0.5% in Malaysia and 1.0% in Singapore. U.S. […] More
Renewed Downward Pressure on Equities and the Dollar
May 17, 2021
Equities this Monday fell 3.0% in Taiwan, 1.8% in Indonesia, 0.9% in Japan, and 06% in South Korea. Losses so far range from 0.3% to 0.7% in the U.K., Germany, France and Spain, and U.S. futures point to a drop at the open of about 0.3%. Ten-year sovereign debt yields have climbed six basis points […] More
