Japan GDP
More Favorable Data Reported for the U.S.
November 15, 2023
The U.S. producer price index dropped 0.5% on month (most in 42 months) and recorded a 3-month low of 1.3% when compared to the same month a year earlier. Core producer prices — unchanged versus September and +2.4% year-on-year — was 0.3 percentage points below expectations. U.S. October retail sales contracted by a smaller-than-anticipated 0.1% […] More
Pick Your Poison: Excessive Inflation, Stagnant Growth or, Most Likely, A Mix of Both
December 8, 2022
The lagged effects of higher interest rates are biting into economic growth, but inflation remains way too high. This mix presents central bankers with a tougher decision, and financial market participants are getting whip-sawed. Compared to Wednesday closing levels the dollar is down 0.4% against the Canadian and Australian dollars, 0.2% versus the euro and […] More
Fresh Developments Driving Investor Hopes
November 15, 2022
Equities in the Pacific Rim rose by 4.1% in Hong Kong, 2.6% in Taiwan, and 1.6% in China as yesterday’s talks between the presidents of the United States and China went as well as could have been expected considering their government’s significant differences. The South Korean Kospi rose only 0.2%, and Japan’s Nikkei dipped 0.1%. […] More
U.S. and Japanese GDP Growth Profiles Compared
August 12, 2013
Between the first and second quarters of 2013, real GDP expanded at annual rates of 1.7% in the United States and 2.6% in Japan. This was the third consecutive quarter of positive Japanese growth following last year’s recession. Over those three quarters, Japanese annualized growth of 1.8% also surpassed U.S. growth since 3Q12 of 0.7%. […] More
Continuing Retreat of Swiss Franc
August 15, 2011
A press report that the Swiss National Bank is seeking permission from the government for it to impose a CHF/EUR ceiling generated further depreciation in the franc, which at overnight lows of 0.8000 per dollar and 1.1460 per euro was 11.7% and 12.1% below last Tuesday’s highs. Share prices in Asia and Europe overnight were […] More
Stronger Asian Stocks and Softer Euro to Start the Week
February 14, 2011
The euro and kiwi are down against the dollar by 0.7% and 0.6%. Other major dollar pairs have changed no more than 0.1% since Friday’s close. Equities rose 3.2% in China, 2.7% in India, 1.9% in South Korea, 1.3% in the Philippines and Hong Kong, 1.8% in Thailand, and 1.1% in Japan and Australia. The […] More
Continuing Worries About Euro Area Sovereign Debt
November 15, 2010
The dollar has recovered another 0.5% against the euro and yen, 0.4% versus the Swiss franc and sterling, 0.2% against the kiwi and Canadian dollar, and 0.1% against the Chinese yuan. The Aussie dollar bucked this trend with a 0.1% uptick against the greenback. Stocks were mixed in the Pacific Rim. Equities climbed 1.1% in […] More
