Italian industrial production
Waves of Pessimism Persist on Numerous Fronts
June 11, 2020
The spreading of Covid-19 infections has intensified in several areas including big U.S. states like California, Florida, and Texas. Total U.S. reported cases eclipsed 2 million and at 2.066 million now represent 27.6% of the global total. As forecast by medical experts, reopening businesses has occurred at a clear cost, and this trade-off can be […] More
Dollar Strengthens at Start of Fresh Week
May 11, 2020
Global cases of Covid-19 now exceed 4.2 million and have resulted in 284,156 confirmed deaths. A third of the cases have been found in the United States, but the push to reopen the country on a uneven and gradual basis has continuing momentum. Overnight gains in the dollar amount to 0.8% against the kiwi, 0.6% […] More
Little Overnight Change in the Dollar
December 10, 2019
The dollar rose 0.3% against sterling and the Australian dollar but shows nil overnight change otherwise. Stocks were narrowly mixed in the Pacific Rim and are down slightly in Europe. There been little share price movement in the U.S. thus far today. Ten-year sovereign debt yields firmed three basis points in Great Britain as the […] More
Euro Sinks 0.6% to 16-Month Low of $1.1240
November 12, 2018
The optics went very poorly for U.S. President Trump at centennial WWI Armistice observances in Paris, where he had to scrap a cemetery visit, was left out of other shared activities, heard a sharp rebuke of nationalism by French President Macron, and endured a stream of troubling political developments happening back in Washington. Currency markets […] More
Oil Down, Dollar Up on a Lean Day for Data
July 11, 2017
West Texas Intermediate crude oil sank 0.9% to $44.01 per barrel, snuffing out yesterday’s nascent recovery. Comex gold fell 0.3% to $1,209.20. The dollar also advanced against other paper currencies, rising 0.8% versus the kiwi, 0.7% relative to the Australian dollar, 0.3% vis-a-vis the Mexican peso, Swiss franc and yen, and 0.2% against the loonie. […] More
Storm Front Coming to the North-Eastern U.S Corridor
March 13, 2017
The coming week was already shaping up to be laden with market-moving developments such as the Fed’s virtually certain interest rate hike and Dutch parliamentary elections, each set for Wednesday. Now comes word that two storm fronts will be merging within 24 hours, creating blizzard conditions and resulting in a foot or more snow in […] More
Several Japanese Indicators Released but Little Currency Movement this Monday
February 10, 2014
The dollar is unchanged against the euro, Swissie and loonie, up 0.4% against the Australian and New Zealand dollars, up 0.1% versus sterling and down 0.1% relative to the yuan and yen. Emerging market currencies slid to start the week, including depreciations of 0.6% in the rand and 1.0% in Hungary’s forint. Share prices leaped […] More
Dollar Weaker against Kiwi, Australian Dollar and Yen
January 13, 2014
In an otherwise quiet Monday, the main development has been the strength of the yen and some other Pacific Rim currencies. With Japan’s market shut in observance of Coming of Age Day, the yen strengthened 0.6% against the dollar. The New Zealand and Australian dollars, both sensitive to commodity trends, also advanced 0.6% against their […] More
